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South Korea’s Chip Boom Fuels High‑School Job Rush

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South Korea’s semiconductor firms have ridden the global AI boom, turning memory‑chip sales into multi‑billion‑dollar windfalls. The surge has drawn a flood of applicants to factory floors, many of whom are recent high‑school graduates lured by the promise of stable, well‑paid work. Companies tout the sector’s growth as a catalyst for the nation’s broader economic recovery and bolsters its role in the global supply chain.

Yet the glittering profits mask an uncertain employment outlook. Plant expansions depend on volatile demand for AI‑driven devices, and any slowdown could force layoffs or halt hiring. Labor unions warn that rapid onboarding of inexperienced workers may compromise quality standards, while investors watch closely for signs that capacity growth matches real market needs and could pressure margins for equipment suppliers.

For policymakers, the dilemma is balancing short‑term job creation with long‑term industry health. Incentives that funnel students into fabs risk creating a pipeline that collapses if demand wanes, echoing past cycles in other high‑tech sectors. Current data suggest the boom’s profitability may not translate into durable employment, leaving graduates to confront a volatile career path, making career planning more precarious for many.