{"id":82491,"date":"2026-06-23T00:27:13","date_gmt":"2026-06-23T00:27:13","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/82491\/"},"modified":"2026-06-23T00:27:13","modified_gmt":"2026-06-23T00:27:13","slug":"why-south-koreas-ai-chip-boom-is-a-serious-concern-for-its-economy","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/82491\/","title":{"rendered":"Why South Korea\u2019s AI chip boom is a \u2018serious concern\u2019 for its economy"},"content":{"rendered":"<p><a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/south-korea?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">South Korea<\/a>\u2019s AI-driven semiconductor boom has sent exports, corporate profits and stock prices to record highs, but a senior policymaker has warned that the windfall could fuel property speculation and deepen inequality if its gains remain narrowly concentrated.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cLooking solely at the numbers, it is something to cheer about. However, strangely, a corner of my heart feels heavy,\u201d Kim Yong-beom, chief of the Presidential Policy Office and one of South Korea\u2019s most senior economic policymakers, said in a social media post on Saturday.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Headline indicators continued to improve, he said, with South Korea\u2019s year-on-year nominal GDP growth rate expected to surpass double digits this year after reaching 17.1 per cent in the first quarter, the highest level since 2002.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">But the presidential policy chief warned that the boom could prove short-lived if its benefits remained concentrated among a small segment of society, noting that many local shopping districts struggled with closed storefronts and rising business failures.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Economists said his unease reflected a broader concern about how narrowly the boom was being felt, with sectors including retail, services and small businesses struggling to keep pace.<\/p>\n<p><img decoding=\"async\" alt=\"SK Hynix is one of the world\u2019s important suppliers of memory chips used in AI systems. Photo: Reuters\" data-qa=\"BaseImage-handleRenderImage-StyledImage\" class=\"e1gf69pb2 css-6ikqhs e445x7d0\" loading=\"lazy\" src=\"https:\/\/www.europesays.com\/ai\/wp-content\/uploads\/2026\/06\/e63ffad0-5d1f-45d1-88a3-395a7406ad04_ed2458dc.jpg\" title=\"SK Hynix is one of the world\u2019s important suppliers of memory chips used in AI systems. Photo: Reuters\"\/>SK Hynix is one of the world\u2019s important suppliers of memory chips used in AI systems. Photo: Reuters<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">At the centre of the surge are Samsung Electronics and SK Hynix, two of the world\u2019s most important suppliers of memory chips used in artificial intelligence systems.<\/p>\n","protected":false},"excerpt":{"rendered":"South Korea\u2019s AI-driven semiconductor boom has sent exports, corporate profits and stock prices to record highs, but a&hellip;\n","protected":false},"author":2,"featured_media":82492,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[24,25,44782,44783,44779,44778,44780,44776,13894,44781,12985,13757,44777,698,702],"class_list":["post-82491","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ai","tag-ai","tag-artificial-intelligence","tag-hanyang-university","tag-hur-jung","tag-kim-dae-jong","tag-kim-gwang-suk","tag-kim-yong-beom","tag-kospi","tag-samsung-electronics","tag-sejong-university","tag-seoul","tag-sk-hynix","tag-sogang-university","tag-south-korea","tag-us-dollar"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/82491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=82491"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/82491\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/82492"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=82491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=82491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=82491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}