윤석열 대통령이 12월 3일 밤 10시 30분 선포한 비상계엄령이 4일 새벽 4시 30분, 약 6시간 만에 해제되면서 전자산업계는 한숨을 돌렸지만 여전히 파장의 여운이 남아 있다. 짧은 시간 동안 글로벌 시장에서 한국의 신뢰도와 전자산업 공급망 안정성에 미친 영향을 분석하며, 전문가들은 여전히 신중한 대응이 필요하다고 지적한다.
The electronics industry took a breather when President Yoon Seok-yeol declared martial law at 10:30 p.m. on December 3, but it was lifted at 4:30 a.m. on the 4th, about 6 hours later, but the aftereffects still remain. Analyzing the impact on Korea’s credibility in the global market and the stability of the electronics industry supply chain in a short period of time, experts point out that a cautious response is still necessary.
Electronics Industry Impact: Minor for Now, But Concerns About Aftershocks
The Korean electronics industry has an important position in the global economy with an annual export volume of $260 billion. Fortunately, martial law was lifted in a short period of time, so there were no actual reports of logistics disruptions or breaches of contract.
However, concerns about the “Korean risk” are being raised among global partners and investors, and it is likely that it will be difficult to restore trust in the medium to long term. In particular, some overseas business partners are known to have begun discussions on diversifying their supply chains.
Stocks rebound, market relieved
As news of the lifting of martial law spread, financial markets quickly regained stability.
Samsung Electronics and SK Hynix stock prices fell 3% and 4.5%, respectively, during the session, but recovered with news of the lifting of the ban, narrowing the decline to around 1%.
The possibility of additional capital outflow from foreign investors has decreased, but short-term uncertainty due to this incident still remains, according to analysis.
Global Market Confidence Needs Time to Recover
Electronics industry experts, while positive about the short-lived martial law, say it will take time to restore confidence in South Korea's political stability. There are voices calling for measures to strengthen communication with major global customers and emphasize supply chain stability.
“Despite the short period of six hours, some overseas partners are showing signs of readjusting their risk assessments of Korea,” said an industry insider, adding, “This could lead to unexpected competitive pressure in the global semiconductor and display markets.”
There were no disruptions to logistics or production, but…
Martial law was lifted within six hours, and it was confirmed that there were no actual disruptions to logistics or production. However, according to simulations assuming martial law continues,
- Possibility of 20% reduction in production
- Average export delivery time extended by 7 days
- The risk of loss due to breach of contract of approximately 1 trillion won was discussed.
The industry is thankful that martial law ended in a short period of time, and is arguing that cooperation with the government should be strengthened to prevent such political risks from recurring in the future.
Experts: “Short-term stability, mid- to long-term challenges remain”
As martial law is lifted quickly, direct damage to the electronics industry is expected to be limited. However, as international concerns about political instability grow, it is pointed out that mid- to long-term measures are essential to restore trust in the Korean electronics industry.
An industry insider emphasized, “This incident did not have a significant impact on logistics and production in the short term, but the global market is closely watching Korea’s stability,” and “The government and companies should focus on rebuilding trust together.”
