South Korea to Avoid Cashing In on China’s US Chipmaker Ban
- Beijing bars some uses of Micron chips amid tech clash with US
- Samsung, SK Hynix among chip firms that can gain market share
The Micron Technology offices in Shanghai, China.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
South Korea will avoid capitalizing on China’s ban on a US chipmaker, seeing the move by Beijing as an attempt to drive a wedge between Seoul and Washington, according to a person familiar with the situation.
The South Korean government won’t encourage its memory-chip firms to grab market share in China lost by Micron Technology Inc., which has been barred for use in critical industries by Beijing on national security grounds, said the person, who asked not to be identified as the topic is politically sensitive.