IHS on chances of severe electronics market disruption due to Korea tension rise
South Korea is not just the hub of global electronics industry, it's more than that. South Korea produces most advanced semiconductor ICs, systems and other components for global electronics industry in a big way. Due to recent rise of tensions in North Korea and South Korea, Industry experts such as IHS has started rising concern, so that the electronics industry can be prepared rather than taken by surprise. If the tension between the two Korean nations flare up into war, the impact on the market can be worse than Japan's Tsunami in year 2011. To save the world economy from a such a man-made disaster all the responsible people should work to cool the tensions.
Below is the full release by IHS, where it briefly lists the major factors and impacts on the electronics market in case of tension escalation:
What would happen if half of all global production for dynamic random access memory (DRAM), two-thirds of NAND flash manufacturing and 70 percent of the worldβs tablet display supply suddenly disappeared from the market?
The answer would be chaos, with the worldwide electronics supply chain grinding to a halt and stopping major market product segments in their tracks, including smartphones, media tablets and PCs.
For high-tech companies, this could be the outcome if current tensions escalate to the point of war on the Korean peninsula, resulting in the disruption...
You've read this far β sign in to keep reading
