Policy · 1h ago
US seeks cut of Korean chipmakers' excess profits
The US is reportedly seeking a share of excess profits from South Korean chipmakers Samsung and SK Hynix, potentially as a condition for continued access to US subsidies and markets. The move could reshape the global semiconductor landscape by imposing profit-sharing on foreign firms receiving US support. Details remain unclear, but the proposal has sparked concerns in Seoul about sovereignty and competitiveness.
Meridian48 take
The profit-sharing demand underscores Washington's aggressive push to onshore chip production, but may strain alliances with key Asian partners.
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