Tag: chips and science act

chips and science act

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The headquarters of Samsung Electronics in Seoul [YONHAP]

Korean industries watch closely as Trump begins second term

As Donald Trump takes office for his second term as U.S. president, Korean industries are closely watching for potential changes in Washington's economic and trade policies, which could significantly impact their American businesses.

2025.1.21

Samsung Electronics' NAND flash memory chip production facility in Xi'an, China [SAMSUNG ELECTRONICS]

U.S. expected to lengthen China exemptions for Korean chipmakers

The U.S. government is expected to indefinitely extend Korean chipmakers’ one-year exemptions on controls concerning chip technology exports to China, clearing up some uncertainties surrounding local companies’ Chinese chip operations.

2023.10.2

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Samsung Electronics plant in Xian, China [SAMSUNG ELECTRONICS]

Korea asks U.S. to reconsider slashing Korean chipmakers in China

Korea had called on the United States to reconsider its production restrictions on the Korean semiconductor plants in China, according to a U.S. public notice Tuesday.

2023.5.24

Finance Minister Choo Kyung-ho attends an economic ministers' meeting held through a video teleconference on Monday. [NEWS1]

Korea eyes stronger ties with U.S. in chip industry

The government will take follow-up measures to make full use of President Yoon Suk Yeol's recent visit to the United States and solidify the chip alliance, said Korea's finance minister Monday.

2023.5.8

Lee Chang-yang, left, Minister of Trade, Industry and Energy, and Gina Raimondo, U.S. Secretary of Commerce, pose for a photo during a ministerial meeting on supply chain held on Thursday in Washington. [MINISTRY OF TRADE, INDUSTRY AND ENERGY]

Korea, U.S. agree to minimize investment uncertainties, business burdens

U.S. Secretary of Commerce Gina Raimondo and Korea’s Minister of Trade, Industry and Energy Lee Chang-yang on Thursday held a meeting in Washington on supply chains in the wake of President Yoon Suk Yeol’s state visit to the United States.

2023.4.28

Samsung Electronics Executive Chairman Lee Jae-yong, first from the right, attends the Korea-Japan business roundtable with other heads of Korean conglomerates held in Tokyo on March 17. [YONHAP]

CHIPS Act, IRA top business delegation's agenda

Thorny trade issues in semiconductors and electric vehicles will likely emerge as top agenda items when President Yoon Suk Yeol's delegation — comprising 122 business leaders including the heads of Samsung Electronics, Hyundai Motor, LG...

2023.4.24

The U.S. President Joe Biden signs the CHIPS and Science Act of 2022, on the South Lawn of the White House in Washington, DC on August 9, 2022. [AFP/YONHAP]

CHIPS Act money may not be worth the trouble

The United States is pushing foreign chip makers to disclose sensitive business data, including yield rates, to receive subsidies under the Chips and Science Act. So onerous is the requirement that some companies might decide not to apply...

2023.3.29

Representatives of Samsung Electronics and Chinese government officials celebrate the opening of its second chip plant in Xi'an in March 2018. [SAMSUNG ELECTRONICS]

[THINK ENGLISH] 최악은 간신히 면한 삼성·하이닉스 … 미국 반도체법 세부규정 발표

Samsung Electronics and SK hynix will be able to maintain and upgrade their manufacturing facilities in China — albeit marginally — even after the implementation of Washington’s proposed rules aimed at preventing U.S. subsidies from being used in...

2023.3.29

U.S. Chips Act offers some comfort to Korean chip makers

Samsung Electronics and SK hynix will be able to maintain and upgrade their manufacturing facilities in China — albeit marginally — even after the implementation of Washington’s proposed rules.

2023.3.22