Notably, Feb 8 is labeled as the 40th anniversary of the “Tokyo Declaration.” When Lee Byung-Chul, the late founder of Samsung Group and grandfather of Samsung Electronics chairman Lee Jae-ong, declare in Tokyo a roadmap in order to enter the semiconductor business.
On Feb. 8, 1983, the late and former Samsung founder named Hong Jin-ki. The late JoongAng Ilbo Newspaper chairman, from Tokyo, stated, “No matter what it takes, Samsung will enter the semiconductor business, so please deliver the news to the readers of your newspaper.” This is supposed to be the so-called Tokyo Declaration.
While Samsung acquire Korea Semiconductor in 1974 and entered the semiconductor business. But, at the same time, they do not succeed to come out with any concrete results. “I thought that more than half of Samsung Group might be blown away if I did it wrong, but I thought it would be difficult for any group other than Samsung to take this risk.” The late founder recalled in an interview after the Tokyo Declaration.
Samsung Electronics ranked top in the global memory semiconductor market
Samsung Electronics completed a semiconductor factory six months after the declaration. However, it normally takes more than 18 months. In those years, it flourishingly developed a 64K DRAM for the third time in the world. Following companies in the United States and Japan. While in 1993, i.e., 10 years later, subsequently, it achieve the top position in the global memory semiconductor market. And parallelly acquires to maintained its top position by now.
Although, the semiconductor business division’s operating profit immersed 96.9 percent on year to a mere 270 billion won. This figure is for the fourth quarter of last year. Also, the industry insider admits that its flagship memory business going to face a shortfall.
Additionally, in the past few years, the frequency of semiconductor technology upgradation has been gradually decreasing. This is due to an inclination towards ultra-micro fabrication. “Unfortunately, we have not been able to move forward in the past few years,” said Samsung Electronics chairman Lee Jae-Yong last year.
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