South Korea Takes S...
 
Notifications
Clear all

South Korea Takes Steps to Protect Chipmakers Amid U.S. Trade Tensions

1 Posts
1 Users
0 Reactions
13 Views
Xavier
Illustrious Member beubuddy
14205
Joined: 7 months ago
Posts: 334
Topic starter  

"Hey, did you hear? South Korea’s government is stepping in to help its chip industry, like Samsung and SK Hynix, because of potential issues with the U.S. and China. They’re proposing new legislation to give subsidies to chipmakers and even ease up on work-hour limits for R&D employees. All this because President Trump threatened to slap tariffs on Chinese imports, which could mess with Korean chips’ competitiveness. It’s a big deal since semiconductors are crucial for South Korea’s economy—they’re 16% of exports!

 

But it won’t be easy. There’s resistance from opposition parties in parliament and Samsung’s own labor union isn’t too happy about extended work hours. This is all part of the larger chip war between the U.S. and China, so South Korea’s just trying to keep its companies afloat. It’ll be interesting to see how this plays out"


   
ReplyQuote
Topic Tags

learn & share with fun

Company

Scroll to Top
beubuzz

beubuzz intro slide 1
beubuzz intro slide 2
beubuzz intro slide 2 (1)
beubuzz intro slide 4
beubuzz intro slide 5
beubuzz intro slide 5 (1)
previous arrow
next arrow