South Korea urged to guard chip profitability as China’s CXMT and YMTC gain market share
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China’s expanding semiconductor industry is fuelling anxiety in South Korea, where a new report from PwC has warned local chipmakers to defend profitability as Chinese rivals scale up production and strengthen market share. Samil PwC, the South Korean member firm of the global consultancy, said in a report made public on Monday that Chinese competition would likely heat up first in the areas of conventional memory, mature-node manufacturing, and packaging and testing.