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Path to 'FIRE': Semiconductor supercycle spurs rush for jobs at Samsung, SK hynix

Korea’s semiconductor industry is experiencing a historic high, and top-tier graduates want to get in on the action. With major chipmakers posting extraordinary profits and dangling the prospect of massive performance bonuses, graduates are increasingly prioritizing immediate employment over further academic pursuits. Preparatory books for corporate entrance exams for semiconductor companies have become bestsellers, and anonymous chat rooms filled with employee hopefuls sharing information are buzzing, all for the prospect of locking down a coveted position at a chipmaking company. 

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 A recruitment preparation book for SK-related corporations published by private education group Eduwill ranked No. 1 on online bookstore Yes24’s best-seller list in the second week of April, according to the publisher. Sales of preparation books for the Global Samsung Aptitude Test, the entrance exam of Samsung-affiliated corporations, also jumped about 40 percent in the first quarter this year compared to the same period last year. “The number of job seekers aspiring to work in semiconductor-related fields grew notably as the chip companies offer generous compensation in accordance with their performance,” a representative from Eduwill said.