Korea urged to confront US calls for key chip info

Korea urged to confront US calls for key chip info

U.S. President Joe Biden holds up a silicon wafer in a virtual meeting with chip industry executives at the White House on April 12, local time. Yonhap

By Kim Bo-eun

The government is facing growing calls to stand up to the U.S.’s “undue” demand for Korean semiconductor manufacturers to reveal key business information, so as to protect local companies involved in the sector.

Industry sources and experts claim that giving up such data could undermine local players’ bargaining power and end up hurting their competitiveness in the global market.

The calls come after the U.S. Commerce Department’s moves to possibly use the Defense Production Act (DPA) as a means to deal with the yearslong shortage of automotive chips in the United States.

If Washington actually initiates a DPA protocol, then all semiconductor firms which have operations in the U.S. are mandated to submit specific information regarding their supply chains.

U.S. Commerce Secretary Gina Raimondo said the DPA could be invoked to compel semiconductor companies to provide information if this wasn’t done voluntarily, implying the chip firms are in fact being coerced.

The demand is widely seen as an excessive form of intervention in the market, which should be left to deal with shortages according to principles, something the U.S. has so far championed.

For major semiconductor companies such as Samsung, opening up confidential information would expose it to vulnerabilities.

Samsung is the world’s top memory chipmaker and only trails Taiwan’s TSMC in the booming foundry (contract-based chip manufacturing) market. The U.S. commerce department is seeking to secure information from not only the chipmakers that attended several recent White House meetings, but all players in the industry, which would force Korea’s SK hynix, the world’s second-largest memory chip manufacturer, to share such data as well.

The recent White House meeting ― the third ― was presided over by Raimondo and participated in by representatives from Intel, Samsung, TSMC and GM. The meeting was intended on coming up with measures to alleviate the auto chip shortage U.S. carmakers are suffering from. But the specific data requested from chipmakers is regarded as highly sensitive information that companies do not voluntarily disclose.

Experts and analysts say the demand from the White House is seen in a larger context as a means to quantify the global supply chain for semiconductors, and allow the U.S. to regain its lead in the sector, which it has lost to major players in Asia, such as Korea and Taiwan over the past decades.

Washington has also sought to bring production facilities of major companies, not only in the semiconductor industry but also in the electric vehicle battery sector, to the U.S. as a way of securing a stable supply of these items, which it now considers as a national security concern.

“The government should not stay idle, given the chip sector is a matter of competitiveness on a national level,” one source said.

Another industry source also highlighted that because of the confidential nature of supply chain-related information, revealing this will affect a company’s negotiating power.

“This has provided relevant business sectors a lot to think about,” another industry source said. “Giving up such information can undermine bargaining power, as it could be exposed to clients, competitors and partners.” Given the uncertainties of how the U.S. government will proceed with the “voluntary” request, Cheong Wa Dae may need to speak out if necessary.

On a related note, one section of a survey of companies on the U.S. Federal Register, the daily journal of the American government, asks: “For the semiconductor products that your organization sells, identify those with the largest order backlog. Then for the total and for each product, identify the product attributes, sales in the past month, and location of fabrication and package/assembly.”

Another part requires a list of “each product’s top three current customers and the estimated percentage of that product’s sales accounted for by each customer.”

Internet Explorer Channel Network
News Related

OTHER NEWS

Some colleges are practicing 'affirmative action' for boys, since more girls apply, education experts say. It points to a bigger problem.

Togi, an 11th grade student at Wakefield High School, sits at his desk in Arlington, Virginia, on June 3, 2021. Mandel Ngan/AFP/Getty Images Some US colleges are accepting a higher ... Read more »

Why the GTA Trilogy Definitive Edition matters, even if the games are old as hell

No offense to the remaining games on 2021’s release calendar, but the thing I’m most excited about playing on Christmas Day this year is Grand Theft Auto: Vice City. Rockstar ... Read more »

I spent a day with the DJI Ronin 4D – and it took my filmmaking to the next level

Over the past 15 years, DJI has become rather good at helping filmmakers shoot beautifully steady video. It’s the world’s biggest drone brand, and also makes useful little cameras like ... Read more »

Harrison Ford reunited with credit card thanks to Good Samaritan tourist

Watch: Harrison Ford's lost credit card returned in Italy Harrison Ford received the assistance of a Good Samaritan when he lost his credit card in Sicily. The 79-year-old actor was ... Read more »

France launches state-of-art military communications satellite

France has successfully launched a military satellite on Saturday, designed to allow all of France's armed forces across the globe to communicate swiftly and securely, witnessing among others that geopolitical ... Read more »

Fireworks Lit as Fans Celebrate Atlanta Braves Advancement to World Series

The Atlanta Braves defeated the Los Angeles Dodgers to win the National League Championship and advance to the World Series for the first time since 1999 on October 23, local ... Read more »

Media reports of N. Korean leader's sister staging coup not true at all: spy agency

North Korean leader`s sister Kim Yo-jong (Yonhap)South Korea’s spy agency said Sunday media reports of North Korean leader’s sister succeeding coup against her brother are not true at all. The ... Read more »

Worldcoin price: What is Worldcoin and why is it giving out free cryptocurrency?

Worldcoin has unveiled a new digital currency which could revolutionise the crypto market. Its Silicon Valley co-founders, Alex Blania and Sam Altman, want to give everyone in the world free ... Read more »

China EV war: Xpeng plans to upstage Tesla, local rivals with first full-scenario autonomous driving system in 2023

Xpeng Motors, which beat Tesla in a recent JD Power survey of electric cars on in-car technologies, is raising its game on autonomous driving with a full-scenario driver assistance system ... Read more »

The TouchBar was a missed opportunity for the MacBook

Apple’s MacBook Pro line is seeing another regeneration, with the introduction of the MacBook Pro 14-inch (2021) and the MacBook Pro 16-inch (2021), and the return of certain ports and ... Read more »

Which AirPods should I buy this Black Friday?

Black Friday is always a great time to pick up a pair of headphones or earbuds at a discount – especially if you’re on the hunt for some AirPods, which ... Read more »

Ugo Monye condemns 'vile and criminal' abuse aimed at his 'Strictly' co-stars

Watch: Who is Strictly Come Dancing contestant Ugo Monye? Strictly Come Dancing contestant and former rugby player Ugo Monye has hit out at the “vile and criminal” abuse his co-stars ... Read more »

Bergerac 2.0: Jersey detective's return is a remake too far

Photograph: News UK/Rex/Shutterstock Rebooting a popular entertainment franchise can look like a strong plan. For a start, producers and investors are more easily persuaded that there is an audience for ... Read more »

Samsung Galaxy Tab S8 Ultra shows off a display notch in new unofficial renders

We’re expecting the Samsung Galaxy Tab S8 series to break cover sometime early in 2022, and over the last few days we’ve got a much better idea of what the ... Read more »

Nonprofit websites are riddled with ad trackers

Last year, nearly visited the website of Planned Parenthood, a nonprofit that many people turn to for very private matters like sex education, access to contraceptives, and access to abortions. ... Read more »

France successfully launches cutting-edge military communications satellite

France has successfully launched a state-of-the-art satellite into orbit, designed to allow all of France's armed forces across the globe to communicate swiftly and securely. Paris created a space force ... Read more »

Nigella Lawson lasted just two weeks on vegan diet and confesses she doesn't 'see the point'

Nigella Lawson says she tried a vegan diet, but couldn’t stick to it. (David M. Benett/Getty Images) Nigella Lawson only managed two weeks of a vegan diet and says she ... Read more »

Strictly Come Dancing Fans Are All Saying The Same Thing About AJ Odudu And Kai Widdrington's 'Phenomenal' Argentine Tango

Whilst it is undoubtedly a fan favourite, the Argentine Tango can be a notoriously difficult dance for the Strictly Come Dancing celebrities to get right. Not only to they have ... Read more »

Black Friday Garmin deals 2021: early sales and what to expect

The best Garmin deals of the year are likely just around the corner, as Black Friday is on November 26, and it’s followed by Cyber Monday on November 29. These ... Read more »

Elon Musk's Starlink in talks with Vodafone for UK expansion

Elon Musk’s Starlink is eyeing a tie-up with Vodafone to expand its satellite broadband service in the UK. © BRENDAN SMIALOWSKI/AFP Elon Musk – BRENDAN SMIALOWSKI/AFP The US satellite company, ... Read more »

MotoGP Italy live stream 2021: how to watch Emilia-Romagna Grand Prix online from anywhere

We saw a glimpse of the old Marc Marquez a few weeks back in the US, but even at his talisman circuit the Spaniard could only put four seconds between ... Read more »

Raab's negligence over Kabul is now clear. If he had any honour, he'd quit

Dominic Raab is a clever man, but not perhaps a wise or especially honourable one. Chronic misjudgments over Britain’s withdrawal from Afghanistan necessitated his sacking as foreign secretary. Yet Boris ... Read more »

Google Pixel 6's in-app translation may be the travel dream you've been waiting for

The Google Pixel 6 has plenty of promising features, but one stuck with me more than others – mostly because it would have come in clutch when a massive thunderstorm ... Read more »

The small but effective plug heater to snap up for winter

Looking for a small at-home heater? We may have just found the solution. (Russell Hobbs) Yahoo Lifestyle is committed to finding you the best products at the best prices. We ... Read more »

Why Are There Christian Crosses in Jewish Graves From Ancient Rome?

Realy Easy Star /Toni Spagone/Alamy The most pervasive and well-known symbol for Christianity is, of course, the cross. If you walk into a place of worship and there’s a cross ... Read more »

Giant owl not seen for 150 years pictured in wild for first time

A giant owl that has gone almost unseen in African rainforests for 150 years has been photographed in the wild for the first time by British scientists working in Ghana. ... Read more »

SoftBank Ventures Asia signals greater focus on Chinese tech start-ups with new Beijing unit

SoftBank Ventures Asia has formed a new subsidiary in China this month, signalling a bigger commitment towards its early-stage venture investing in the country since launching a dedicated US$285 million ... Read more »

US, South Korea discuss ways to resume talks

Noh Kyu-duk (left) and Sung Kim, South Korean and US nuclear envoys. (Yonhap)The US will explore possibilities surrounding declaring a formal end to the Korean War with South Korea, with ... Read more »

[News Focus] Samsung still lost a year after Lee Kun-hee's death

Lee Jae-yong, vice chairman of Samsung ElectronicsMonday marks the first anniversary of the death of Lee Kun-hee, the chief of South Korea’s largest conglomerate Samsung and its flagship unit Samsung ... Read more »

Korean movie industry mogul Lee dies

Movie producer Lee Tae-won / Yonhap Lee Tae-won, a renowned South Korean movie producer, died Sunday after his health waned following an accidental fall last year, according to his aides. ... Read more »

Why Galaxy Bespoke should have you excited for the Samsung Galaxy S22

At some point in the next few months Samsung is expected to unveil the Galaxy S22, its new series of flagship smartphones, but if the jump from the Galaxy S10 ... Read more »

Compact SUVs gaining ground in Korea

Kia’s Sportage SUV / Courtesy of Hyundai Motor Group By Baek Byung-yeul C-segment or compact sport utility vehicles are gaining ground in Korea’s automobile market as their dimensions have grown ... Read more »

'Let's step up to save our Earth,' says BLACKPINK

K-pop girl group BLACKPINK delivers a speech during Google’s “Dear Earth” event, which took place Saturday (U.S. time.) Courtesy of YG Entertainment By Dong Sun-hwa The members of K-pop girl ... Read more »

Shinhan prompts KB, Hana to consider quarterly dividends

gettyimagesbank By Park Jae-hyuk KB and Hana financial groups started considering paying quarterly dividends to their shareholders, in an apparent attempt to prevent an exodus of investors to Shinhan Financial ... Read more »

Jeon Jong-seo, Son Suk-ku star in rom-com 'Nothing Serious'

By Kwak Yeon-soo Poster for the film, “Nothing Serious” / Courtesy of CJ ENM After playing indelible characters, ranging from a vulnerable yet outwardly confident girl in “Burning” to a ... Read more »

Gov't urged to improve COVID-19 home treatment system after patient's death

An ambulance transfers a COVID-19 patient to a hospital in Eunpyeong District of Seoul in this photo taken in December 2020. Yonhap By Lee Hyo-jin The government is being urged ... Read more »

[INTERVIEW] Snapchat aims to improve its presence in Korea

A Google Pixel 6 phone user uses Snap’s photo messaging app, Snapchat. Courtesy of Snap By Baek Byung-yeul Nana Murugesan, managing director of international markets at Snap / Courtesy of ... Read more »

[Newsmaker] Authorities to begin looking into data to explain why Nuri launch failed

(Yonhap)South Korea’s Science Ministry said Sunday that researchers will begin looking into why the country’s first domestically-built rocket Nuri, or Korean Satellite Launch Vehicle II, failed to put a dummy ... Read more »

All eyes on Samsung heir's next move on late chairman's death anniv.

Samsung Vice Chairman Lee Jae-yong enters the Seoul Central District Court for a hearing on illegal use of surgical anesthetic propofol on Oct. 12. Korea Times photo by Ko Young-kwon ... Read more »

[Battery+] Tesla's battery shift highlights K-battery's uncertain future

LG Energy Solution’s cylindrical lithium-ion batteries. (LG Energy Solution) To take initiative in the premium electric vehicle market, where longer driving ranges serve as the barometer of competitiveness, the South ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic