Korean Semiconductors Continue to Rise: Optimistic Projections for 2026

South Korean semiconductors enter a robust expansion phase, according to a recent analysis by economist Bum Ki Son of Barclays Bank. Data compiled by the Jin10 platform indicate that South Korea’s chip export sector maintains a positive trajectory during the first half of 2026, driven by dynamism in technological raw material prices.

Significant Appreciation of Semiconductors in the Global Market

The most notable phenomenon is the substantial increase in chip prices. Recently, semiconductor prices have risen between 30% and 40% on a quarterly basis, reflecting strong global demand for electronic components. Son projects that this appreciation trend will continue into the next quarter, supported by two main factors: manufacturing capacity limitations of producers and the ongoing potential shortage of inputs in the international market.

Production Bottlenecks Sustain Price Pressure

Supply constraints become a supporting factor for semiconductors. With limited production capacity and expectations of an imbalance between demand and supply, the scenario favors maintaining high prices. Barclays economist anticipates that supply restrictions could extend until the end of 2026, creating an environment that supports South Korean exports.

Strong Outlook for Semiconductor Exports

The convergence of these factors positions South Korea to sustain its dynamism in semiconductor exports in the coming months. Sector growth momentum is expected to remain strong in the first half of the year, with high chip prices serving as a key driver for the performance of the Korean technology sector. Maintaining this scenario will depend on continued supply bottlenecks and sustained demand for chips in the global market.