From Reuters, March 31:
South Korea has sufficient helium stocks until at least June, two sources said, while the industry minister ruled out any first-half supply disruptions, allaying worries over the Iran war's impact on supplies of the gas crucial for chipmaking.Prices of helium, a by-product of natural gas processing, have risen sharply after the U.S.-Israel war on Iran disrupted such operations in Qatar, the world's largest supplier of liquified natural gas (LNG).But South Korea, home to some of the world's largest chipmakers, including Samsung Electronics (005930.KS) and SK Hynix (000660.KS), has enough helium inventory to ride out the first half, a government official told Reuters.
The companies are also paying premiums to secure inventory, mainly from top producer the United States, he said, adding, "Price aside, securing the stock right now is the top priority."The government official and the second source, employed by a helium supplier, declined to be identified as they were not permitted to speak to the media.Both Samsung and SK declined to comment.Disruptions in helium supply were unlikely during the first half, Industry Minister Kim Jung-kwan told President Lee Jae Myung during a cabinet meeting on Tuesday, but did not elaborate.Samsung Electronics and SK Hynix, which supplies roughly two-thirds of the world's memory chips, have four to six months worth of helium inventory, the second source, at a supplier of helium to Samsung, told Reuters....
....MUCH MORE
