SEOUL, Feb. 21 (Korea Bizwire) — Kwak Noh-jung, chief executive officer (CEO) of SK hynix Inc., has emphasized the critical role of South Korea’s semiconductor industry, saying “stakes are high” in the face of rapidly evolving artificial intelligence (AI).
“Reflecting on my time at Semicon Korea 2025, I’m reminded of the immense responsibility we carry as leaders in the tech industry,” Kwak said in a statement.
The CEO’s comments come as the global tech industry is abuzz with excitement over the rapid advancements being made in AI. From chatbots and virtual assistants to self-driving cars and personalized healthcare, AI is transforming the way we live and work.
However, Kwak warned that the stakes are high for South Korea’s semiconductor industry, which is a critical component of the global tech supply chain. The industry is facing increasing competition from other countries, including China, which is investing heavily in its own semiconductor sector.
“We must continue to innovate and invest in new technologies, including AI, if we are to remain competitive in the global market,” Kwak said.
SK hynix Inc. is one of the world’s leading manufacturers of semiconductors, and is a key player in the global tech industry. The company has been at the forefront of AI research and development, and has made significant investments in the field.
Despite the challenges facing the industry, Kwak expressed confidence in the ability of South Korea’s semiconductor sector to adapt and thrive in the face of AI evolution. “We have a strong track record of innovation and a highly skilled workforce, which will serve us well as we navigate the changing landscape of the tech industry,” he said.
The comments from Kwak come as South Korea is seeking to establish itself as a leader in the global AI industry. The government has announced plans to invest billions of dollars in AI research and development, and has established a number of initiatives to support the growth of AI startups and entrepreneurs.
As the world becomes increasingly dependent on AI and other emerging technologies, the importance of the semiconductor industry will only continue to grow. SK hynix Inc. and other leading manufacturers will play a critical role in shaping the future of the tech industry, and in determining the trajectory of AI evolution.
In conclusion, the stakes are indeed high for South Korea’s semiconductor industry, but with the right investments and innovations, the country is well-positioned to remain a leader in the global tech industry. As Kwak Noh-jung, CEO of SK hynix Inc., emphasized, the industry must continue to evolve and adapt to the rapidly changing landscape of AI and other emerging technologies.