South Korea Discrete Semiconductors Market Share

Market Share of South Korea Discrete Semiconductors Industry

The South Korean discrete semiconductors market is fragmented, with the presence of major players like Vishay Intertechnology Inc., STMicroelectronics NV, Renesas Electronics Corporation, Infineon Technologies AG, and On Semiconductor Corporation., among others. Players in the market are adopting strategies such as partnerships, mergers, innovations, investments, and acquisitions to enhance product offerings and gain sustainable competitive advantage.

• In June 2024, Geely Auto announced its plans to enhance its NEV (New Energy Vehicle) strategy through a strategic SiC (Silicon Carbide) supply deal and a collaborative lab with STMicroelectronics. The partnership leverages STMicroelectronics' third-gen SiC MOSFETs to boost powertrain efficiency in Geely's electric vehicles. ST has secured a multi-year contract to supply SiC power devices to several Geely Auto brands. These devices are earmarked for the mid-to-high-end battery electric vehicles (BEVs).
• In February 2024, Infineon Technologies AG and VMAX collaborated to enhance the efficiency and affordability of fast-charging solutions for electric vehicles. VMAX, a prominent producer of power electronics and motor drives for electric vehicles, has opted for Infineon's latest technologies, including the CoolSiC hybrid discrete, TRENCHSTOP 5 Fast-Switching IGBT, and CoolSiC Schottky Diode. These components will power VMAX's upcoming 6.6 kW OBC/DCDC onboard chargers, marking a significant step in the collaboration.

South Korea Discrete Semiconductors Market Leaders

1. Vishay Intertechnology Inc.

2. STMicroelectronics NV

3. Renesas Electronics Corporation

4. Infineon Technologies AG

5. On Semiconductor Corporation

*Disclaimer: Major Players sorted in no particular order