semiconductor / news / / The Straits Times
South Korea’s trade minister said a US proclamationimposing a 25 per cent tariff on certain advanced computing chips would have a limited impact on South Korean companies.
The 25% US tariff targets advanced chips from Nvidia and AMD, excluding Korean memory chips for now.
KEY POINTS
- US Commerce Secretary warned non-US investing Korean and Taiwanese chipmakers could face up to 100% tariffs.
- US tariffs currently exclude chips imported for data centers, startups, consumer, and public sector use.
- US may expand tariffs to a broader range of semiconductors and derivative products to boost domestic production.
- The tariffs follow a nine-month Section 232 investigation targeting high-end semiconductors meeting certain benchmarks.
COMPANIES
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