semiconductor / news / / Times of India
South Korea’s trade minister Yeo Han-koo has said that the tariffs will have a ‘limited impact’ on the country's tech giants – for now.
The new 25% US tariffs target high-end AI processors, not South Korea’s main memory chips.
KEY POINTS
- South Korea’s trade minister warns future 'Phase 2' tariffs may eventually hit general-purpose chips.
- US Commerce Secretary Lutnick threatened up to 100% tariffs for foreign chipmakers not investing in US plants.
- Samsung and SK Hynix have already pledged billions for US production to avoid harsher future penalties.
- South Korea’s government is coordinating with industry to address escalated US tariff threats and shifting regulations.
COMPANIES
Summarized by Newsio from Times of India. How we summarize →