SEOUL : South Korea pledged support for its chip sector on Thursday, with President Yoon Suk Yeol describing competition in the industry as an 'all-out war' amid heightened U.S.-China tensions.Earlier in the day, Yoon met with about 60 industry leaders, lawmakers and ministers to discuss how to maintain S
SEOUL : South Korea pledged support for its chip sector on Thursday, with President Yoon Suk Yeol describing competition in the industry as an"all-out war" amid heightened U.S.-China tensions.
"Geopolitical issues have become the biggest risk for companies to manage as of late. Companies alone cannot resolve this problem - it is one that the nation should tackle by strengthening cooperation with and closely communicating with like-minded countries like the United States," Yoon told the meeting.
South Korea has sought to avoid becoming embroiled in a tit-for-tat row between China and the United States over semiconductors.
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