Reports indicate Korean giants fear 'backlash' from US over resale of lithography equipment to Middle Kingdom
"We are worried it could fall into the wrong hands and that this could cause problems in our relations with the US government," one loquacious source close to one of the Korean companies said.
The US has turned the screws on export restrictions to China multiple times to curb the nation's access to advanced tech over secuirty fears, and it could do so again, Secretary of Commerce Gina Raimondo said this week.According to reports, Raimondo told attendees at an event in the Philippines that it was vital China did not have access to the most sophisticated technologies for their military advancement.
Earlier this week it emerged that Washington was planning to blacklist more China-based technology companies by adding them to the Entity List maintained by the Department of Commerce’s Bureau of Industry and Security. that the semiconductor industry is too heavily concentrated in just a few places. This is presumably a reference to Taiwan, home of contract manufacturer TSMC, which accounted for 58 percent of the global semiconductor wafer market in Q3 last year.
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