One regret is that this book interestingly summarizes

1. I enjoyed watching "Chip War" late on.

●C

I think I wrote a lot of things on Facebook in 2024. Compared to 2023, it seems to have developed in terms of depth and convergence of writing about the industry.

Unfortunately, I have not been able to write about various industries, which will be something I should strive for in 2025. I reflect on the lack of writing on the shipbuilding/LNG, defense, power equipment/nuclear power plants, and bio industries that led the stock market in 2024.

If you cut it quarterly, there was definitely a lack of writing in the late second quarter and early third quarter in the process of moving to a new company. In the fourth quarter, the level of writing was definitely relatively high.

In 2025, the goal is not only to expand to various technologies and industries, but also to read many humanities books and express insights beyond the stock market in writing.

I would like to thank everyone who has seen my writing lacking throughout 2024.

[Writing list for 2024]

☆Facebook does not have a bulletin board function, so you cannot connect the link, so you can look at the article by searching under the corresponding title below.

<1Q>

Jan. 1: Clearing the Market and Stock Data for 2023
January 18: About ESS
January 25: About the Space Observation Satellite and Image Data Market
February 8: About semiconductor sensors (feat. image sensor)
February 15: FC-BGA and Inspection Equipment
Feb. 29: About the Shipbuilding Industry
March 5: The growth of the ESS industry and ways to strengthen Korea's competitiveness
March 6: About the Steel Industry
Mar 09: The reversal of China's economic indicators in Q1-2 and the corresponding strategy for responding to the Korean stock market
March 21: Investment Strategy for All Semiconductor Processes
March 25: South Korea's semiconductor small manager with TSMC as client

<2Q>

April 01: Q1 Earnings Summary
April 11: About cosmetic medical devices
April 11: NAND's Tough Trend
April 16: Thoughts On Market Response
April 25: About Test Sockets
May 2: About the exploration
June 4: How Korea's Electric Vehicle Industry Wins Competition With China After Casm

<3rd quarter>

August 5: Thoughts on the Market
Aug. 9: On wind power
August 15: Thoughts on the Market 2
August 26: Trends in Next Generation Memory
Sep 3: On-device AI and Semiconductor Industry
Sept. 6: Self-driving and Semiconductor Industries
Sep 10: Relationship Between Self-Driving Industry and Battery Industry Growth
Sept. 11: About the space industry
September 11: Space-related ETF clearing
Sept. 19: Thoughts And Personal Response Strategies For The Market
Sept. 20: Personal Thoughts On The Semiconductor Sector
September 25: On Semiconductor Testing Processes

<4Q>

Oct. 2: About export data
Oct. 6: Robot-Related ETF Clearance
Oct. 7: About 4680 batteries
Oct. 9: World's Top 20 Semiconductor Equipment Company
Oct. 10: Top 30 Semiconductor Fabless Companies in the World
Oct. 15: Fact Check For HBM Articles
Oct. 16: About Power Semiconductors
Oct. 24: Technology Trends in the Robot Industry - After a visit to 2024 RoboWorld
October 28: Updates for HBM and Samsung Electronics
Nov. 13: [Son Jungwoo's In the Value] About Technology Trends in the Space Industry
Nov. 18: When Self-Driving and Samsung Electronics Meet
Nov. 21: About the Japanese stock market and the Japanese domestic industry
Nov. 26: Trump 2.0 Era, Crisis and Opportunities in South Korea's Battery Industry
Dec. 07: 3 Most Important Questions From Semiconductors I Told Ahead Of 2025
Dec. 13: Summing up some important issues for the tech industry in 2025
Dec. 17: The coming era of ASIC - semiconductor new normal (feat. Broadcom, Apple and hybrid bonding)
Dec 21: Network solutions at AI data centers - next week at network bottlenecks (feat. Nvidia, CXL, Network Equipment, Silicon Photonics)
Dec. 23: Technology Development Trend: Electronics -> Photons -> Quantum
Dec. 26: About Apple's semiconductor business (feat. M5 and SoIC and 2025)
Dec. 27: When Investment Perspectives Will Change Depending On Where You're Looking

One regret is that this book interestingly summarizes the birth of semiconductors, the formation of supply chains, and the history of change, but did not really draw a 'map' of semiconductor supply chains.

I don't think it's that hard of a task.. If I have time, I'm thinking of buying a whiteboard and drawing it myself.

2. The British economist makes a global outlook for next year and points out that one of the major changes is that the U.S. will now re-enter direct manufacturing and production of semiconductor chips. TSMC plants in the U.S. will start commissioning production of semiconductors next year.

The current semiconductor supply chain framework is that the U.S. is sharing the role of semiconductor design and equipment manufacturing, and East Asia, including Taiwan and Korea, in semiconductor chip production. But will the U.S., which uses the chip method, rejoin chip production be an important inflection point in the global semiconductor supply chain?

We warned of supply chain distortions and crises as a result of the COVID-19. However, not long ago, Peterson, a researcher at the Peterson Institute for International Economics, an American think tank, said something completely different. It means that the supply chain has become stronger, not damaged.

This is also evidenced by the fact that semiconductor production increased during the COVID-19 period. The supply and demand crisis of semiconductors during the COVID-19 period is a failure in supply chain management, and the subsequent conflict between the U.S. and China only intensifies supply chain competition for political and military purposes, and global semiconductor division of labor and collaboration seem to remain strong.

Intel's foundry crisis, Samsung Electronics' reduction of investment in the U.S., and the possibility of an opaque revival of Japanese semiconductors make me think that there will be more weight on maintaining the status quo and intensifying the existing competition rather than fundamental changes in the semiconductor supply chain in the future.

3. As an industry reporter, my concern is how to deal with Samsung Electronics' crisis and government role in the article. Like TSMC, Samsung Electronics' semiconductor success was largely attributed to the founder's decision and the government's full support.

On the other hand, the core of the current crisis theory can be summed up as the dilemma of the innovator who missed the right time to enter the new AI business while focusing on the profitable memory business, and the dilemma of the foundry business that cannot make a decision.

If you are a reporter who has to write a related article about specific problems and appropriate prescriptions for their causes, it would be right to think together, not the need for endless deregulation and government cash support.

4. I don't want to end this year's reading with Chip War. (Of course, Chip War is a great book to read around the end of the year and Christmas. If you look at the last chapter, you'll understand.) The next book I've selected is "Poverty Made in the United States," but the theme seems so heavy that I haven't opened the first chapter yet.