U.S. Government Asks Samsung to Not Sell Microchips to China
It will be interesting to see how the South Korean government and Samsung react to this request:
![Samsung Electronics' chip plant in Xi'an, China [SAMSUNG ELECTRONICS]](https://i0.wp.com/koreajoongangdaily.joins.com/data/photo/2023/04/24/76482522-4028-4586-9dda-89e3c32b112a.gif?w=640&ssl=1)
Samsung Electronics’ chip plant in Xi’an, China [SAMSUNG ELECTRONICS]
Samsung Electronics and SK hynix should not sell chips to China to make up for the shortfall in supply following China’s sanctioning of Micron, the White House has told the Korean government.
Joong Ang Ilbo
The Financial Times reported Sunday that the Joe Biden administration reached out to Seoul to ask for a cap on the chip sales, although neither government confirmed.
If the Yoon Suk Yeol government acts on the request, the push could exacerbate weaknesses at Samsung Electronics and SK hynix, which have been hit hard as a result of oversupply.
You can read more at the link.
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The answer should be, “we will stop selling in China, as soon as you stop selling to China. Companies like Tesla, Apple, GM, etc are making a huge killing in China, so why can’t South Koreans make money in China too?”. Is the US telling American companies not to make money in China, as they are doing to South Korea? The threats and hypocrisy of the US know no bounds. So what makes it right that the US tells another country, a supposed important US friend, not to profit in China if the US can’t?
But knowing Yoon, he’ll be wiping Biden’s ass.
Trumpian Member of ROK Drop sock puppet has made the most important contribution to the community that he has ever made…
…though his silence.
So if a Trumpian Member of ROK Drop stayed silent it means that the MAGA crowd has run out of things to say. 😀