South Korean chipmakers get a reprieve
But the pressure from geopolitical tension and China’s domestic manufacturing drive will increase
It has been an anxious year for Samsung Electronics and SK Hynix, South Korea’s leading chipmakers. Last October America restricted exports of advanced chipmaking equipment to China in an attempt to cripple its ability to procure or produce chips for weapons systems. The South Korean firms, which rely on China as both a manufacturing base and market, received a year-long exemption, but fretted about what might happen after it expires.
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This article appeared in the Asia section of the print edition under the headline “Chipping away”
Asia October 21st 2023
- How remote islands underpin Japan’s maritime power
- Social-media influencers are battling to educate young Indians about sex
- India’s Supreme Court refuses to recognise same-sex marriage
- Has Australasia lurched right on race?
- Australia’s energy transition is in trouble
- South Korean chipmakers get a reprieve
- India-Pakistan relations are becoming more marginal and worse
From the October 21st 2023 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Asia
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The Brotherhood Alliance continues its string of shock victories
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Directors such as Joko Anwar are taking old ghost stories to new heights
Welcome to India, where the streets have four names
Constantly renaming cities, roads and stations is pointless and counterproductive