The US is asking South Korea to adopt restrictions on semiconductor technology exports to China similar to those Washington has already implemented, another sign that US President Joe Biden’s administration is stepping up efforts to thwart Beijing’s chip ambitions.
US officials want South Korea to restrict the flow of equipment and technologies for making high-end logic and memory chips to China, people familiar with the matter said.
Those include logic chips more advanced than 14-nanometer technology and DRAM beyond 18-nanometers, one of the people said, asking not to be identified because the discussions are private.
Photo: AFP
That would be consistent with a set of measures the US Department of Commerce first announced in 2022.
US officials discussed the issues in depth with the government of South Korean President Yoon Suk-yeol last month, the people said.
While the US is trying to reach an agreement before a G7 summit in the middle of June, South Korean officials are debating whether to satisfy the US request, in part because China remains a key trading partner.
Washington’s request of Seoul has not been detailed before. This comes on top of the new US push to get allies to limit servicing of semiconductor equipment for Chinese firms and restrict exports of spare parts and chip chemicals to China.
Bloomberg News has reported the US pressed allies, including South Korea and Germany, to tighten curbs on China’s access to their technology.
South Korea plays a leading role in producing semiconductors and providing spare parts for chipmaking equipment.
The timeline could slip. South Korea, Japan and US officials are planning to meet in late June to discuss cooperation on advanced technology and supply chains, the sources said.
South Korean officials are wary of potential penalties that export controls might trigger from Beijing when major firms such as Samsung Electronics Co and SK Hynix Inc still operate in China, Seoul’s largest trading partner.
With help from Samsung and Hynix, South Korea makes some of the world’s most advanced logic and memory chips. While its chip equipment suppliers are not as prominent as the US’ Applied Materials Inc or the Netherlands’ ASML Holding NV, local gear makers including Hanmi Semiconductor Co and Jusung Engineering Co still make up an important part of the Asian country’s semiconductor ecosystem.
Elon Musk’s lieutenants have reached out to chip industry suppliers, including Applied Materials Inc, Tokyo Electron Ltd and Lam Research Corp, for his envisioned Terafab, early steps in an audacious and likely arduous attempt to break into the production of cutting-edge chips. Staff working for the joint venture between Tesla Inc and Space Exploration Technologies Corp (SpaceX) have sought price quotes and delivery times for an array of chipmaking gear, people familiar with the matter said. In past weeks, they’ve contacted makers of photomasks, substrates, etchers, depositors, cleaning devices, testers and other tools, according to the people, who asked not to
Taiwan is attracting a growing number of foreign jobseekers as companies increasingly recruit overseas talent to ease labor shortages and expand global reach, recruitment platform 104 Job Bank (104人力銀行) said yesterday. More than 40,000 foreign nationals searched for jobs in Taiwan through the platform last year, a 28 percent increase from a year earlier, the company said. Malaysians accounted for the largest share of overseas jobseekers at 12.2 percent, followed by Indonesians at 11.9 percent and Vietnamese at 10.8 percent. Indonesian applicants surged more than 50 percent year-on-year, while Vietnamese jobseekers rose by more than 30 percent. Applicants from the
NO SHORTCUTS: Asked about Elon Musk’s Terafab initiative, TSMC CEO C.C. Wei said it takes two to three years to build a fab and another one to two to ramp it up Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday raised its revenue growth forecast for this year to above 30 percent, up from the 25 percent it estimated three months earlier, citing extremely robust artificial intelligence (AI)-related chip demand. “Our customers and customers’ customers, who are mainly cloud service providers, continue to send us very positive signals and outlook,” TSMC chairman and CEO C.C. Wei (魏哲家) said at an earnings conference. The company also hiked its capital expenditure for this year toward the higher end of its forecast, or US$56 billion, as it aims to step up advanced chip capacity expansions, such as
The founder of Chinese property giant Evergrande Group (恆大集團) has pleaded guilty to charges of fraud and bribery, a court said yesterday, the latest blow for what was once the country’s leading developer. Evergrande’s rise was propelled by decades of rapid urbanization and rising living standards, but in 2020, its access to credit dramatically narrowed when the government introduced curbs on excessive borrowing and speculation. The company defaulted in 2021 after struggling to repay creditors. Founder Xu Jiayin (許家印), 67, known as Hui Ka Yan in Cantonese, was reportedly held by police in 2023, with Evergrande saying he had been subjected to