Samsung adviser warns China's chip expansion threatens AI memory boom

Kyung Kye-hyun, who previously led Samsung's semiconductor division and now serves as an advisor, cautioned that the swift growth of China's chip manufacturing could jeopardize South Korea's flourishing AI memory chip sector. During a forum organized by the National Academy of Engineering of Korea, he acknowledged that while South Korea's memory chip market is thriving this year and may see further enhancements next year, there are concerns for 2027 and particularly 2028. He highlighted that Chinese manufacturers plan to boost their capacity by 300,000 wafers over three years, which could enable them to secure 12 to 13 percent of the market. Kyung was at the helm of Samsung's semiconductor operations from December 2021 until May 2024.