In three decades at Samsung Electronics Co., Yang Hyang-ja helped shape the 84-year-old conglomerate’s present dominance in global memory chipmaking. Now, she’s taking on a far broader challenge.
IN three decades at Samsung Electronics Co., Yang Hyang-ja helped shape the 84-year-old conglomerate’s present dominance in global memory chipmaking. Now, she’s taking on a far broader challenge: ensuring Korea remains relevant as the US and China fight over semiconductors.
“We’re in a chip war,” Yang said in a December interview. “Technology supremacy is a way that our country can take the lead in any security-related agenda, such as diplomatic and defense issues, without being swayed by other nations.” Those gestures are a far cry from the billions of dollars in subsidies that other countries are committing to chip production, said Yang, adding that short-term political interests are blinding fellow lawmakers at the National Assembly. Some of her peers have argued, in turn, that overly generous incentives threaten government finances and would only benefit big companies.
Korea has a unique opportunity to counter this trend, Yang said. Taiwan—where Taiwan Semiconductor Manufacturing Co. is based—produces the majority of leading-edge chips controlling the newest iPhones, servers and supercomputers. That’s triggered calls worldwide to diversify production away from an island that China claims and has threatened to invade.
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