Goldman Sachs analysts led by Irene Choi say the semiconductor boom could
generate about KRW150 trillion of net cash for South Korean chip firms in 2026
(≈4.9% of GDP), rising to 9.3% in 2027. The report says the degree to which
firms repatriate overseas earnings—historically about 60%—could be a key
determinant of domestic financial-market dynamics; wages and dividend payouts by
major chip companies are projected to reach 5.2% of GDP by 2027, the highest on
record.
