South Korean experts have created a committee to verify claims about a potential breakthrough in superconductor technology that has been driving both excitement and controversy among markets and industry participants.
The Korean Society of Superconductivity and Cryogenics (KSSC) asked the Quantum Energy Research Centre to submit samples that are required in the verification process of room-temperature superconductors, the institution said in a statement on Wednesday.
“The claim of a room temperature superconductor discovery is causing a great controversy at home and abroad, but we are concerned about the situation in which unverified claims are being poured out by fellow researchers without an entity responsible for verifying it,” said the KSSC, which consists of professors and experts.
Photo: screen grab from the Web site of ScienceCast
Papers published on July 22 showed researchers at the Quantum Energy Research Centre and other South Korean experts synthesized the world’s first superconductor known as LK-99 that is capable of conducting electricity at room temperature with ambient pressure.
Excitement grew further after a video of a team of Chinese scientists replicating the South Korean team’s findings went viral.
The KSSC said it is difficult to say if the material is a room-temperature superconductor at this point, based on the archived papers and published videos.
Research institutes of KSSC members are to conduct cross verification if the Quantum Energy Research Centre provides samples, the statement said.
The verification committee is to be led by Kim Chang-young, a Seoul National University professor who is an expert in a related field.
“If it is verified, it will be a groundbreaking research result that will have a great impact on science and technology. However, it is worrisome that this verification is being disclosed without academic review, and that it is having economic and social impacts,” the KSSC said.
Meanwhile, investors continued to pile into some South Korean stocks seen as related to superconductors, even as the stock exchange warned of speculative bets and unfair trades.
Korea Exchange late on Wednesday asked investors to be wary before investing in Duksung Co, Mobiis Co and Shinsung Delta Tech Co.
“Investors should be cautious on increased volatility in these superconductor theme stocks as their substance is not clear,” Kiwoom Securities Co analyst Han Ji-young said.
IN THE AIR: While most companies said they were committed to North American operations, some added that production and costs would depend on the outcome of a US trade probe Leading local contract electronics makers Wistron Corp (緯創), Quanta Computer Inc (廣達), Inventec Corp (英業達) and Compal Electronics Inc (仁寶) are to maintain their North American expansion plans, despite Washington’s 20 percent tariff on Taiwanese goods. Wistron said it has long maintained a presence in the US, while distributing production across Taiwan, North America, Southeast Asia and Europe. The company is in talks with customers to align capacity with their site preferences, a company official told the Taipei Times by telephone on Friday. The company is still in talks with clients over who would bear the tariff costs, with the outcome pending further
NEGOTIATIONS: Semiconductors play an outsized role in Taiwan’s industrial and economic development and are a major driver of the Taiwan-US trade imbalance With US President Donald Trump threatening to impose tariffs on semiconductors, Taiwan is expected to face a significant challenge, as information and communications technology (ICT) products account for more than 70 percent of its exports to the US, Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) president Lien Hsien-ming (連賢明) said on Friday. Compared with other countries, semiconductors play a disproportionately large role in Taiwan’s industrial and economic development, Lien said. As the sixth-largest contributor to the US trade deficit, Taiwan recorded a US$73.9 billion trade surplus with the US last year — up from US$47.8 billion in 2023 — driven by strong
A proposed 100 percent tariff on chip imports announced by US President Donald Trump could shift more of Taiwan’s semiconductor production overseas, a Taiwan Institute of Economic Research (TIER) researcher said yesterday. Trump’s tariff policy will accelerate the global semiconductor industry’s pace to establish roots in the US, leading to higher supply chain costs and ultimately raising prices of consumer electronics and creating uncertainty for future market demand, Arisa Liu (劉佩真) at the institute’s Taiwan Industry Economics Database said in a telephone interview. Trump’s move signals his intention to "restore the glory of the US semiconductor industry," Liu noted, saying that
AI: Softbank’s stake increases in Nvidia and TSMC reflect Masayoshi Son’s effort to gain a foothold in key nodes of the AI value chain, from chip design to data infrastructure Softbank Group Corp is building up stakes in Nvidia Corp and Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the latest reflection of founder Masayoshi Son’s focus on the tools and hardware underpinning artificial intelligence (AI). The Japanese technology investor raised its stake in Nvidia to about US$3 billion by the end of March, up from US$1 billion in the prior quarter, regulatory filings showed. It bought about US$330 million worth of TSMC shares and US$170 million in Oracle Corp, they showed. Softbank’s signature Vision Fund has also monetized almost US$2 billion of public and private assets in the first half of this year,
RSS