South Korea’s semiconductor and display market

South Korea is a global semiconductor and display powerhouse, accounting for around 20% of worldwide semiconductor production capacity and USD 141.9 billion in semiconductor exports in 2024. Current investment is focused on AI memory, advanced packaging and next-generation display technologies, including OLED and inorganic LED (iLED). These developments are creating demand for precision technologies that improve process control, yield, reliability and production efficiency. 

Market entry requires a focused and partnership-oriented approach. Swiss companies should target relevant industrial clusters and anchor accounts, establish local technical support, and build market access through pilot projects, qualification and gradual scale-up. The report outlines priority opportunity areas, market-entry considerations and potential ecosystem partners. S-GE and the Swiss Business Hub Korea can support companies in identifying relevant customers and partners, understanding local requirements and moving from initial market interest to a structured entry plan.