South Korea's exports fell by nearly 8 per cent in the first 20 days of October from the same period a year ago as the long Chuseok holiday cut working days, according to the Pulse, the english service of Maeil Business Newspaper Korea.
China's recent restrictions on rare earth resources are being seen as a response to US export controls on advanced semiconductor technology, according to a report by Jefferies.
South Korea's semiconductor exports to Taiwan and Vietnam have risen significantly in 2024, reflecting a shift in global supply chain dynamics. While China's share of South Korea's chip exports decreased, Taiwan's increased significantly, driven by the growing trade of high-bandwidth memory
Chairman John Moolenaar (R-MI) and Ranking Member Raja Krishnamoorthi (D-IL) of the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party (CCP) have sent letters to major semiconductor manufacturing equipment (SME) companies regarding t