High-Value Semiconductor's Pain Point... Market Share Cut by One-Third [3-Minute Brief]

Published 10 May.2024 08:00(KST)

Updated 19 Jan.2025 10:57(KST)

[3-Min Brief 3-Second Summary]
① Semiconductor boom continues with current account surplus for 11 months
② Venture industry flows from overseas to domestic and from domestic to overseas
③ Rising dining-out costs... 'Family Month' is not welcome

MARKET INDEX
High-Value Semiconductor's Pain Point... Market Share Cut by One-Third [3-Minute Brief] 원본보기 아이콘

- US New York Stock Exchange's three major indices all closed higher
- Investment sentiment increases amid signs of labor market slowdown
- Decline in government bond yields drives overall index rise

Top3 NEWS
High-Value Semiconductor's Pain Point... Market Share Cut by One-Third [3-Minute Brief] 원본보기 아이콘
■ "South Korea's semiconductor market share expands to 19%... Advanced semiconductors drop from 31% to 9%"
- Slight expansion in total semiconductor market share by 2032
- Share of cutting-edge processes below 10 nanometers decreases
- Losing market share to the US, which is promoting the CHIPS Act
■ Continued semiconductor boom... Current account surplus for 11 consecutive months
- March current account surplus of $6.93 billion
- Semiconductor exports drive the current account surplus
- However, service account deficit persists
■ Overseas to domestic, domestic to overseas... Major shifts in the VC industry
- UAE and LB Investment pushing for a 1.3 trillion KRW joint venture
- Overseas VC investment projects continue to hit big
- Domestic VCs enter Japan... forming joint funds
Graphic News: Record-high dining-out expenses make Family Month unwelcome
High-Value Semiconductor's Pain Point... Market Share Cut by One-Third [3-Minute Brief] 원본보기 아이콘

- Family dining out rate increased by 0.2 percentage points to 79.3%
- Rising dining-out costs... average 137,300 KRW
- Tteokbokki, gimbap, and bibimbap show the highest price increases

the Chart: Real estate PF and corporate recession put regional banks on 'red alert'
High-Value Semiconductor's Pain Point... Market Share Cut by One-Third [3-Minute Brief] 원본보기 아이콘

- Regional banks' combined net profit in Q1 at 469.8 billion KRW, down 1.7%
- Deterioration in regional real estate and small-to-medium enterprise economy negatively impacts performance
- Regional banks "Proactively setting aside reserves... impact is limited"


Terms in the News: Reproduction of Joseon Dynasty 'Sangchamui' at Gyeongbokgung Palace
[Image source=Yonhap News]

[Image source=Yonhap News]

원본보기 아이콘

- A simplified briefing where officials of 6th rank or higher report and handle national affairs
- Cultural Heritage Administration showcases Sangchamui reproductions at Gyeongbokgung Palace again this year following 2008
- Fourteen types and twenty pieces of reproductions displayed... "An opportunity to experience refined daily life"

Today's Key Schedule

○ Domestic

- 11:00 Thomson Reuters IPSOS PCSI

○ Overseas
- 05:30 Federal Reserve Balance Sheet
- 07:30 New Zealand April Business Purchasing Managers Index
- 08:30 Japan March Household Spending
- 15:00 UK Q1 GDP
- 20:30 European Central Bank (ECB) Monetary Policy Meeting Report
- 22:00 US FOMC Member Bowman Speech

◇ Lunch & Commute Weather
○ Low temperature 13℃(▲3℃) ｜ High temperature: 23℃(▲2℃)
○ Precipitation probability morning 0%｜afternoon 0%
○ Fine dust morning moderate｜afternoon moderate
High-Value Semiconductor's Pain Point... Market Share Cut by One-Third [3-Minute Brief] 원본보기 아이콘

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