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Chip boom to continue through 2027, South Korea minister tells CNBC

Oct 19, 2026, 4:42 AM ETiShares Semiconductor ETF (SOXX), EWY, FLKR, KORU, SMH, SOXL, SOXSSSNLF, SKHYBy: Jessica Kuruthukulangara, SA News Editor
South Korea semiconductor chip trade tariff. 3d rendering

South Korea’s finance minister Lee Hyoung-Il said the semiconductor market boom will continue through 2027, despite last week’s selloff amid concerns over interest rate hikes and growing competition from China.

“For now, our view is that we can sustain this growth

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