Through the 1980s, Japan pushed the United States — the birthplace and longtime leader of the semiconductor industry — out of the world memory chip market, and the damage ran deep enough that Intel gave up DRAM, the short-term memory that holds a computer's working data. American chipmakers came to believe Japan could not be beaten in memory chips, and Washington and the industry began looking for ways to counter it. Two questions followed: how to contain Japan, and where to find a viable challenger to it. The country that emerged as a memory chip powerhouse in the 1990s was Korea, and Intel had a hand in how Korea overtook Japan to dominate the world market. Chip business nearly dropped "Hey, drop it." Samsung Group founder Lee Byung-chul shook his head in disbelief while he sat through a report on the semiconductor company his son had bought. The son was Lee Kun-hee, former Samsung chairman. Lee, then a director at Samsung's broadcasting branch TBC, had acquired Hankook Semiconductor in 1974 after the chipmaker went bankrupt due to financial strain. Hankook Semiconductor, an early Ko
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