US To Allow South Korean, Taiwan Chip Makers To Keep Operations In China (msn.com) 27
According to the Wall Street Journal, the Biden administration is expected to allow leading semiconductor manufacturers from South Korea and Taiwan to continue and expand their chipmaking operations in China. From a report: Alan Estevez, undersecretary of commerce for industry and security, announced the decision at an industry gathering last week. The exemptions, initially granted for one year in October last year, were provided to several companies, including South Korea's Samsung Electronics and Taiwan Semiconductor Manufacturing, who have invested billions in building plants in China.
The decision to extend the exemptions reflects the challenges faced by U.S. authorities in isolating China from high-tech goods in a highly integrated global industry. The U.S. has been trying to keep advanced chips out of Chinese hands by limiting exports not only from American manufacturers but also those made by allies. However, U.S. and foreign chip makers have resisted these efforts, and governments in Asia and Europe have also pushed back. The most vocal criticism has come from South Korea, whose largest export market is China. Further reading: Ex-Samsung Executive Accused of Stealing Secrets for China Chip Factory
The decision to extend the exemptions reflects the challenges faced by U.S. authorities in isolating China from high-tech goods in a highly integrated global industry. The U.S. has been trying to keep advanced chips out of Chinese hands by limiting exports not only from American manufacturers but also those made by allies. However, U.S. and foreign chip makers have resisted these efforts, and governments in Asia and Europe have also pushed back. The most vocal criticism has come from South Korea, whose largest export market is China. Further reading: Ex-Samsung Executive Accused of Stealing Secrets for China Chip Factory
Yikes (Score:3, Insightful)
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A number of science fiction authors have predicted corporations eclipsing governments. It's a staple of science fiction, and especially of cyberpunk, (see sig.) But until that actually happens, corporations continue to exist at the whim of governments — sometimes foreign ones — often, for good and ill (plenty of the latter, and mixed opinions on the former) the USA.
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Network 23. Omni Consumer Products. Zorg Inc.
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Oh, I forgot the Big Kanuna - Buy n Large!
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How could you forget momcorp [fandom.com] ?
I am ashamed... good call.
Re: Yikes (Score:2)
Sirius Cybernetics Corporation
Hubris (Score:5, Insightful)
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Sounds like hubris to me. "US will allow...". Really?
One of the hardest realizations for me to accept over the past couple of decades is that, yes Virginia, the United States is an empire, like any other before it. We just usually have a velvet glove over the iron fist. But at the end of the day, we're Rome with microchips.
I'm You Back Door Man (Score:2)
Gotta ensure those doors stay open.
Cue the excuses (Score:3)
We can't make stuff here because we make it over there. If we made it here, it wouldn't be there! Work would have to take place! Fingernails would vet dirt under them! Delusions would be deflated! No no no. Can't have that.
"Biden administration allows" (Score:3)
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They want Koreans desperately in the CHIPS act (so far Koreans gave a middle finger, China is too important to accept arbitrary restrictions).
That, and US fear that factories and equipment could get sold cheap to Chinese which would nullify some efforts.
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The Biden's are pretty much fully bought off by the Chinese govt.....
Enough said.
I keep seeing this nonsense and don't buy it for a second.
I'm not a huge Biden fan. I'm basically the epitome of the dude that held his nose, squinted real hard, and tried not to choke on my own vomit while I voted for him, and against the walking, screaming, waste-product that preceded him in the office. That said? I do think the dude is bought and paid for. But it's not directly by the Chinese. They probably own a stake through his actual handlers, no doubt, and get some say over his public persona, but n
Absurd phrasing, but some reasonable thoughts. (Score:4, Interesting)
wow.... (Score:1)
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America just threatens your economy. Russia will blow up your dams and threatens to nuke you every other week.
Just lucky they can't do much to follow up their threats. Except for that whole world wide armageddon thing.
"Keep advanced chips out of China's hands" (Score:2)
We need to keep their fishy chips out of our devices.
incompetence (Score:2)
This is just another symptom of Biden incompetence. (I said incompetence, not incontinence, c'mon.)
The way this should be handled is to put pressure on their govts, for example slowing down shipments of military materiel, with an explanation that they need to control their corporations. Slow pressure works better than bold bloviating.
website (Score:1)