Samsung Electronics’ chip production plant at Pyeongtaek, South Korea. South Korea’s two major semiconductor chip makers may get some relief from the United States’ proposed changes to the Chips and Science Act aimed at curbing investment in China. Photo: Reuters
Tech war: relief as South Korean semiconductor giants dodge ‘worst-case scenario’ in US proposal on chip output
- Korean chip makers avoided having to stop all production expansion, innovation in China, under new proposed rules by the US, say analysts
- The US wants to ban recipients of its Chips and Science Act from expanding chip production in China or other ‘countries of concern’ by more than 5 per cent for next 10 years
Samsung Electronics’ chip production plant at Pyeongtaek, South Korea. South Korea’s two major semiconductor chip makers may get some relief from the United States’ proposed changes to the Chips and Science Act aimed at curbing investment in China. Photo: Reuters
