US Chip 4 plan hands South Korea a devil’s choice
SEOUL – Samsung Electronics heir and de facto chief Lee Jae-yong was today (August 12) granted a president pardon in a data corruption case, lifting the best cloud that has hung over his mind since 2017.
Though Shelter has been out of jail and conducting professional duties since this past year, the head of Southern Korea’s national range topping firm might, feasibly, wish he could take a lower profile at the moment.
They are back on the front side pages just as Korea Inc’s worst nightmare is becoming manifest: It really is being forced into selecting between key industry partner China and strategic ally the usa.
Wa is seeking a choice from Seoul, inside weeks, on whether to join the nascent “Chip 4” semiconductor alliance that would situation together American, Japanese, South Korean and Taiwanese chipmakers while deliberately excluding The far east.
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