The Korea Semiconductor Industry Association (KSIA) has announced its commitment to join the government's energy conservation initiative as uncertainty over energy supply expands due to recent conflicts in the Middle East.
"As a key industry supporting the national economy, we will actively pursue energy reduction measures in line with government policy," the association said in a statement Wednesday.
The semiconductor industry will implement various measures including: flexible work arrangements such as staggered commuting to distribute transportation demand; minimizing electricity use by turning off lights in office spaces during lunch hours and after work; encouraging public transportation use while discouraging private vehicle use; and cutting standby power and improving process efficiency in production and research facilities.
Additionally, association member companies including Samsung Electronics (005930.KS) and SK hynix (000660.KS) plan to continuously identify and apply additional conservation measures considering their workplace characteristics and process operating conditions. The companies also declared they will pursue facility improvements and operational innovations to enhance energy efficiency.
"The semiconductor industry will continue to voluntarily participate in responding to national crises," the association said. "We will actively join efforts to spread an energy-saving culture and respond to the crisis."