SK Chairman Chey Urges South Korea to Accelerate Chip Plant Expansion
Chey Tae-won called for faster expansion of semiconductor facilities as Chinese competitors advance amid the US-China tech race.
SK Group Chairman Chey Tae-won has called on South Korea to accelerate the expansion of domestic semiconductor plants, amid intensifying competition from Chinese rivals and the broader global chip race between the United States and China, as reported by Chosunbiz and Koreabizwire.
According to the reports, Chey's appeal comes as Chinese competitors close in on South Korean manufacturers, while Washington and Beijing vie for dominance in the semiconductor sector. Further details regarding concrete policy steps or specific expansion plans have not yet been released.
Sources: Chosunbiz, Koreabizwire
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