South Korean foreign ministry to 'closely discuss' U.S. export control of semiconductor equipment to China

While the US government has expanded control measures to prevent the export of cutting-edge semiconductor manufacturing equipment of 14nm (a nanometer is one billionth of a meter) or less to all of China, South Korean companies in China are an exception.
recognized or noticed. Prior to this, the Dong-A Ilbo explained to the South Korean government that although the US Department of Commerce has expanded export control measures, it will not apply the measures to South Korean companies in China.
reported. In this case, Samsung Electronics, SK Hynix, and others will be able to receive core equipment from the United States without hindrance even if they have semiconductor factories in China.
Some people are interpreting this policy as part of the Inflation Restriction Act (IRA).
The law includes a suspension of subsidies for electric vehicles that are not assembled in North America.
Hyundai Motor's Ionic 5 and Kia Motors' EV6, which are produced in Korea and sold locally in the United States, are excluded from the subsidies. As a result, more than 100,000 electric vehicles will be exported each year.
There is an observation that it will be hit in the future. If the Korean auto industry and related ministries show a sense of crisis, the US may consider other areas.
A Ministry of Foreign Affairs official said, “There is a possibility that South Korean companies that have expanded into China may also be affected by the US’ restrictions on semiconductor equipment exports to China.
As such, close discussions between the two countries are underway." He continued, “Apart from this, the Korean government
We are discussing with the US side through various channels and looking for possible solutions to alleviate discrimination against Korean companies in relation to the contraction law.”