Chip boom sparks debate over tax windfall, profit sharing

South Korea is facing a growing debate over how to use an unprecedented windfall from the semiconductor boom, as surging chip profits feed into tax revenue, employee bonuses and broader calls for redistribution.

The immediate focus is on how the government should handle the expected tax increase — whether to use it for fiscal spending, save it as a buffer or invest it for future generations.

At the same time, it is also opening the door to a broader question over how the benefits of the chip sup ...