INTERVIEW: Chip czar rides AI chip boom to challenge political Goliath for Gyeonggi governorship

By Lee Jung-woo Posted : May 5, 2026, 10:47 Updated : May 5, 2026, 10:47
With 31 days remaining until the June 3 local elections, Yang Hyang-ja, the People Power Party’s candidate for Gyeonggi governor, speaks in an interview with an AJP reporter at the party’s Supreme Council office in the National Assembly’s main building in Yeouido, Seoul, on May 3. It was her first media interview since being nominated as the party’s candidate. Courtesy of the People Power Party
SEOUL, May 05 (AJP) - Bidding for the gubernatorial post that birthed the current president — whose approval rating is nearing 60 percent — while facing a ruling-party heavyweight known for colliding head-on with disgraced former president Yoon Suk Yeol would not be an easy race for most politicians.

But for Yang Hyang-ja, the determination appears rooted in something deeper than party politics: an almost singular devotion to semiconductors, the industry responsible for roughly a quarter of South Korea’s exports and much of the country’s AI-driven market boom. 

That commitment to chips also shaped her political realignment. 

Yang was effectively disowned by the Democratic Party of Korea following a sexual harassment scandal involving her aide, a political rupture that deepened her frustration over what she viewed as the party’s reluctance to aggressively back the semiconductor industry through measures similar to the U.S. CHIPS Act. 

She later joined the conservative bloc and spearheaded the so-called “K-Chips Act,” aimed at expanding tax credits for facility investments in semiconductors and other national strategic industries. The bill passed the National Assembly in March 2023.

“People in semiconductors prepare a future that arrives first,” Yang said in an interview with AJP. “We make things that do not exist in the world. We make possible what others say is impossible.” 

That obsession has become both her greatest political strength and a potential limitation.
 
People Power Party candidates Yang Hyang-ja for Gyeonggi governor (L), Yoo Jeong-bok for Incheon mayor (C) and Oh Se-hoon for Seoul mayor (R) meet at the National Assembly Members’ Office Building on May 4, 2026, to discuss joint campaign strategies for the greater Seoul area. Yonhap
Yang, the People Power Party candidate for Gyeonggi governor, built her reputation not through elite legal or activist circles but inside the clean rooms and research culture of Samsung Electronics.

Rising from a teenage research assistant who cleaned desks and copied technical papers to become Samsung’s first female executive from a commercial high school background, her life story carries an unusual degree of industrial credibility in South Korean politics. 

“Gyeonggi Province is the heart of South Korea’s semiconductor industry,” Yang said.

“The person who understands semiconductors should be the one to lead Gyeonggi.” 

Her rise inside Samsung has long bordered on corporate legend.

After repeatedly being rejected from Samsung’s internal semiconductor engineering college because there was “no precedent” for a female commercial high school graduate entering the program, Yang reportedly challenged the company’s own rules and insisted she would become the precedent herself. 

“I have created roads where none existed,” Yang said. “There is no such thing as no road. There is only no will.” 

The phrase captures the core of Yang’s political identity: relentless self-construction through technical mastery and persistence.

Her early years inside Samsung reflected the rigid hierarchies of industrial Korea at the time. She recalled being treated as a replaceable assistant whose role was limited to copying documents and running errands. 

“At that time, I was like a stone mixed into rice,” Yang said. “I could not even dream of a future. I felt a sense of inferiority.” 

The turning point came while copying Japanese semiconductor papers. Having studied Japanese at Gwangju Girls’ Commercial High School, Yang began annotating technical documents for engineers who could not read them. The researchers who had once called her “Miss Yang” began addressing her respectfully as “Yang Hyang-ja ssi.” 

“That was the moment I found my name,” she said. “I learned what it means to be recognized.” 
 
A view of Samsung Electronics Co.’s headquarters in Suwon, Gyeonggi Province, on April 30, 2026, when the company said in a regulatory filing that its first-quarter operating profit, on a consolidated basis, was tentatively estimated at 57.23 trillion won, up 756.1 percent from a year earlier. Yonhap
Yang later graduated with honors from Samsung’s semiconductor engineering program, accumulated dozens of semiconductor-related patents and climbed through SRAM, DRAM and flash memory divisions over three decades. 

When Samsung promoted her to executive director in 2013, Yang said the announcement coincided with the anniversary of her father’s death.

“It felt as if every condensed part of my life burst open like popcorn,” she said. “I felt that the world’s standard for looking at me had changed.” 

That persistence — combined with firsthand experience in one of the world’s most strategically important industries — gives Yang a profile rare among South Korean politicians. She speaks less like a conventional campaigner than like a semiconductor executive explaining long-cycle investment logic.

That industrial mindset is central to her pitch for Gyeonggi Province, home to the country’s largest semiconductor clusters including Samsung Electronics and SK hynix.

Yang argues that the province should be governed not merely as an administrative region but as the command center of South Korea’s next industrial leap. 

Her strengths are obvious. Few politicians possess comparable understanding of semiconductors, AI infrastructure and manufacturing ecosystems at a time when technological supremacy increasingly overlaps with national security. Her life story also resonates in a country where younger generations often feel trapped by rigid educational and class hierarchies.

Yet the same qualities that make Yang distinctive also raise questions about the breadth of her political vision.

Nearly every major policy proposal in her campaign eventually returns to semiconductors. Her blueprint for economic growth, AI competitiveness, foreign investment and geopolitical leverage places chips at the center. 

“Taiwan can stand freely amid U.S.-China rivalry because TSMC influences the whole world,” Yang said. “South Korea has become a hegemonic power in memory semiconductors through Samsung Electronics and SK hynix.” 
 
An electronic board at the dealing room of Hana Bank in central Seoul shows the closing KOSPI and share prices on May 4, 2026. SK hynix surged more than 12 percent to close above the 1.4 million-won mark for the first time, lifting its market capitalization to 1,031 trillion won and topping the 1,000 trillion-won threshold for the first time. Samsung Electronics finished at 232,500 won, up 5.44 percent, renewing both its highest closing price this year and its intraday high. The benchmark KOSPI closed at 6,936.99, up 338.12 points, or 5.12 percent, from the previous session. Yonhap
That focus reflects economic reality. But critics may question whether Gyeonggi — a province of more than 14 million residents grappling with housing shortages, transportation congestion, welfare demands and regional inequality — can be governed primarily through the prism of semiconductor expansion.

There is also the issue of Samsung’s overwhelming presence in her political identity.

Although Yang references broader industrial ecosystems and repeatedly mentions SK hynix, Samsung remains the emotional and symbolic anchor of her worldview. Her personal narrative, political language and conception of national competitiveness are deeply intertwined with the company that shaped her life. 

Supporters see proof of execution and industrial realism. Critics may see over-identification with chaebol-centered growth at a moment when South Korea is debating economic concentration and overdependence on a handful of conglomerates.

Yang rejects the idea that ideology or party affiliation should define provincial governance.

“The central value of moderates is the courage to set aside faction, party and ideology for the country and the people,” Yang said. “Gyeonggi has collective intelligence. I trust that collective intelligence.” 

Her political path itself has been unusually fluid. Recruited into politics by former president Moon Jae-in, later estranged from the Democratic Party, founder of a third party and now standard-bearer for conservatives, Yang has repeatedly crossed ideological boundaries while insisting she belongs above factional politics. 

Still, Yang’s candidacy reflects a broader shift underway in Korean politics itself. As AI, semiconductors and supply-chain rivalry increasingly define economic survival and geopolitical power, industrial technocrats are beginning to acquire political weight once reserved for prosecutors, activists and career lawmakers.

Few embody that transformation more sharply than Yang Hyang-ja.

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