Up till now, both Hyundai Electronics and LG Semicon have grown by borrowing from banks at double-digit interest rates or with the help of their chaebol parents.
Clear gainers include Intel, which produces 85% of all microprocessors, and the makers of dynamic random access memory (DRAM) chips such as Japan's NEC and Toshiba and South Korea's Samsung Electronics, LG Semicon and Hyundai Electronics.
At the Semicon show people told me that the semiconductor equipment shows in Asia ( China and Japan) are now much bigger than in the US. This reflects the movement of manufacturing and design from the US to other countries.