The US government proposed setting up a semiconductor industry alliance with its Asian allies, including South Korea, Japan and Taiwan, to keep mainland China’s fledgling semiconductor industry at bay, a Korean news portal reported this week.
The proposal was not “fully acceptable” to Seoul because South Korean chip giants Samsung Electronics and SK Hynix have invested billions of dollars in key manufacturing facilities in China, and feared retaliation from Beijing if such an alliance went…
Source: SCMP
