Intel, the World's 2nd Largest Foundry with Changed Numbers [3-Minute Brief]

Published 05 Apr.2024 08:00(KST)

Updated 19 Jan.2025 10:53(KST)

[At a Glance]
① Reconstruction Delayed or Canceled Due to Burden of Contributions
② Semiconductor Subsidies Raise WTO Complaint Concerns
③ SK Hynix Invests in US HBM Factory

MARKET INDEX
Intel, the World's 2nd Largest Foundry with Changed Numbers [3-Minute Brief] 원본보기 아이콘

- US New York Stock Exchange's three major indices all declined
- Caution due to hawkish remarks from senior Federal Reserve officials
- Geopolitical risks in the Middle East also dampen investor sentiment



TOP 3 NEWS
Intel, the World's 2nd Largest Foundry with Changed Numbers [3-Minute Brief] 원본보기 아이콘
■ "Reconstruction is not profitable" Delays and cancellations... The wall of contribution fees
- Construction costs and raw material price increases turn project viability red
- Projects delayed mainly in Gangbuk, where there are many mid-rise high-density complexes
- Low financial capacity of union members and uncertain capital gains
■ 'WTO risk' blocks semiconductor subsidies
- Concerns over possible WTO complaints if subsidies are provided
- US, Japan, and others directly inject subsidies to foster industries
- Complaints that "only we are overly conscious of WTO regulations"
■ SK Hynix to invest 5.2 trillion KRW in Indiana, USA to build next-generation HBM factory
- Investment agreement in advanced back-end process sector
- Mass production targeted for the second half of 2028
- Expected to benefit from US government subsidies


Graphic News: 'Viking Money' growing presence in Korea
Intel, the World's 2nd Largest Foundry with Changed Numbers [3-Minute Brief] 원본보기 아이콘

- NBIM's domestic stock investment size increased by 46.3% in one year compared to 2022
- As of the end of 2023, domestic stock investment size reached about 24 trillion KRW, an all-time high
- Samsung Electronics received the largest investment, followed by SK Hynix, Shinhan Financial Group, Naver, etc.



the Chart: Intel Foundry surpassing Samsung? ... The truth
Intel, the World's 2nd Largest Foundry with Changed Numbers [3-Minute Brief] 원본보기 아이콘

- Intel expanded foundry revenue by applying a new accounting method
- External customer ratio is only 5%... "Not a meaningful performance"
- CEO Gelsinger announced "Achieving 30% operating margin by 2030"



Terms in the News: NASA to create 'Moon Standard Time'
Intel, the World's 2nd Largest Foundry with Changed Numbers [3-Minute Brief] 원본보기 아이콘

- Meaning 'standard time on the Moon with a different time progression method than Earth'
- Due to weaker gravity, the Moon's clock runs about 56μs faster per 24 hours than Earth's
- "Can provide a standard for missions requiring extreme accuracy on the Moon"



Today's Key Schedule

○ Domestic
- 08:00 February Current Account Balance

○ Overseas
- 05:30 Federal Reserve Balance Sheet
- 08:30 Japan February Household Spending
- 09:30 Australia Retail Sales
- 09:30 Australia Trade Balance
- 15:00 UK March Halifax House Price Index
- 15:00 Germany February Factory Orders
- 21:30 US March Average Hourly Earnings
- 21:30 US March Nonfarm Payrolls
- 21:30 US March Unemployment Rate
- 21:30 Canada March Unemployment Rate

◇ Lunch & Commute Weather
○ Lowest temperature 9℃(▲1℃) ｜ Highest temperature: 18℃(▼3℃)
○ Precipitation probability morning 30%｜afternoon 30%
○ Fine dust morning moderate｜afternoon moderate
Intel, the World's 2nd Largest Foundry with Changed Numbers [3-Minute Brief] 원본보기 아이콘

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