Dumping Chips to Turn Chinese Chips into ’Electronic Waste’ Dream On!

In summary, the statement highlights the perception that the United States, regardless of its allies or non-allies, takes advantage of vulnerable targets when in a hurry. South Korea is portrayed as the biggest victim of this exploitation. The United States implemented the Inflation Reduction Act, which excluded South Korean automobiles from receiving subsidies, negatively impacting Hyundai’s market competitiveness in the US. Additionally, the semiconductor industry, particularly Samsung and SK Hynix, suffered losses after the US imposed sanctions on Huawei and restricted chip exports to mainland China. South Korea’s decision to join the US Semiconductor Alliance further limited the market reach of its semiconductor companies. The relationship between the United States and South Korea is characterized as one where South Korea consistently faces harm while serving the US’s geopolitical interests. The conclusion suggests that the US may now be anxious to export chips to China after failing to find substantial evidence against Huawei and facing the consequences of cutting off Huawei’s lifeline for American companies. “China Focus“ is a YouTube channel created to provide current events and pop culture headlines from you can get to know a more real China through my video. | #ChineseNews #chips #ChinaFocus Thanks for your watching and subscribing.
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