Mainly Hynix and Samsung.
The emergence of DeepBlue Storage, coupled with the rapid progress of Yangtze Memory Technologies in China in the traditional storage field, led to a precipitous drop in Korea's revenue in this market.
Later, the Europa League and America mastered biological storage technology, and Korea's memory chip industry plummeted from 131.9 billion US dollars to 30 billion US dollars.
They chopped him straight at the ankle.
This is still due to the limited production capacity of biological storage servers; Korean storage chips can still be sold to the personal market and third-world countries.
Yangtze Memory Technologies Co., Ltd. (YMTC) is also encroaching on this market share.
Hynix was nearly bankrupted by the blows and has survived for the past five years entirely thanks to ultra-low-interest loans from the Korean government.
The memory chip industry is just one aspect that has been affected.
Industries including high-end chemical raw materials, semiconductors, and consumer electronics are facing a comprehensive crackdown.
China's technological development is progressing at a speed far exceeding expectations.
Therefore, during these ten years, no leader in Goryeo was able to serve a full five years.
Working for three years is considered a long time.
The current leader of Korea is the head of the Justice Party.
Ten years ago, this party would have had no chance of coming to power; they held only six seats out of 300 seats in the Korean legislature.
Compared to the two major parties, it is on the very edge.
Even though they were the third largest political party in Goryeo at the time.
However, as life has become increasingly difficult over the past decade, their voices have also grown louder.
The Justice Party is an extreme left-wing party whose main proposition is to oppose oppression and exploitation; in short, it is a party that wants to get rid of the tycoons.
They were able to grow stronger by absorbing some centrist factions and factions that broke away from the two largest parties.
He successfully took office last year.
When times are tough, extremist forces tend to rise.
"Hello." After shaking hands with the other party, Zheng Li said only two simple words and then remained silent.
Because he was unfamiliar with Goryeo, so unfamiliar that he only knew that such a place existed and that it seemed to be developing quite well.
Meanwhile, among the users of the Demon Brain, one is located in Korea.
Beyond that, there is no further knowledge.
In fact, Zheng Li knew nothing about the other party's background or political demands.
Because the other party wanted a very private meeting, only Zheng Li, the Korean leader, and the translator were present.
There was no fourth person.
If Li Miaomiao were there, it would alleviate the awkwardness to some extent.
"Mr. Zheng, I wonder how much you know about Korea."
We are the developed country with the slowest economic growth over the past decade, and have even experienced a severe recession.
Especially in the face of the upcoming impact of virtual reality devices.
From the real economy to the financial industry, we have reached a point where we can no longer sustain ourselves.
Zheng Li asked, "Why?"
The other party smiled wryly and said, "Because of expectations."
The global real economy has lost its ability to predict the future.
If the virtual world and the real world become almost identical, then the needs of the real world will shrink drastically.
We are downstream in the supply chain, and everything from upstream resource providers to the demand side is contracting.
This has led to an unprecedented crisis for our real economy.
The global supply chain system that we built is now facing a de facto bankruptcy.
Other countries are also facing shocks, but compared to other developed countries.
Goryeo lacked strategic depth.
It lacks not only strategic depth in the market, but also in the financial sector.
Strategic depth is a term from military science, but its application extends beyond the military and frequently appears in the economic sphere.
China has a vast market. Excluding Hong Kong, Macau, and Taiwan, China has more than 300 prefecture-level cities, nearly 3,000 county towns, and more than 40,000 townships.
Even cities can be categorized into first, second, third, fourth, and fifth tiers.
This is strategic depth.
It is precisely because of the vast strategic depth of the Chinese market that companies like Pinduoduo have been able to emerge.
At the same time, thanks to such a broad strategic depth and extremely strong social mobilization capabilities, China's real estate bubble burst did not sweep across the country like it did in Japan.
Instead, it is limited to a certain scope.
Forget about big fireworks, but there will be plenty of small ones.
For Korea, not only do they lack strategic depth, but more than 50 percent of their population is concentrated in the Seoul metropolitan area.
More than 50 percent of GDP comes from exports.
Economic development is extremely singular.
In fact, a major reason for the slow pace of foreign investment in Korea is their lack of security and their reluctance to locate industries overseas.
They've been getting beaten since ancient times, they were beaten by Japan in World War II, and after World War II, they were even driven into Seoul by China.
There's a lack of security from top to bottom, and this subconscious feeling makes them less inclined to build factories overseas.
As for why Taiwan dares to do this, it's because Taiwanese businessmen always turn to China when they run into trouble.
Chinese embassies abroad assist Taiwanese businesses with civil disputes, economic cases, and criminal cases.
They're the kind of people who have a powerful father and therefore aren't worried.
Japan also lacks strategic depth, but they are better off than Korea.
To address the lack of strategic depth, Japan has chosen to invest heavily overseas, purchasing large amounts of land resources abroad.
The land that Japan has purchased in Brazil exceeds the total land area of their country.
"We hope to ask for your help."
After Zheng Li finished his conversation with the high-ranking officials of Goryeo, Li Miaomiao asked with a face full of curiosity, "So, what did they ask for?"
This chapter is not finished yet. Please click on the next page to continue reading the exciting content!
Continue read on readnovelmtl.com
