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SK Group chief warns South Korea lagging in chip construction pace

Original: SK Group Chairman Chey Tae-won warns South Korea is falling behind Micron and Chinese rivals on sheer facility construct

SK Group Chairman Chey Tae-won says South Korea is falling behind Micron and Chinese memory chip rivals not on technology but on the speed of facility construction. He argues lithography is no longer the main bottleneck for memory chips; slow permitting and physical build-outs in hubs like Gwangju are holding the country back as competitors build faster.

Why now: Chey's warning about permitting delays and Chinese and US competition touches South Korea's core industrial competitiveness in memory chips.

Chey Tae-wonSK GroupMicronGwangjuSouth Korea

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