Seoul, Nov 20
South Korea's Industry Minister Ahn Duk-geun emphasised Wednesday that the government will prioritise removing uncertainties in the semiconductor sector by closely engaging with the incoming US administration under Donald Trump.
"As the US is a major semiconductor market and a key investment destination for Korean companies, we must closely monitor any shifts in US policy and thoroughly prepare for all possibilities," Ahn said during a meeting with officials from major South Korean chipmakers, including Samsung Electronics Co. and SK hynix Inc, news agency reported.
"We will work to resolve uncertainties by maintaining close communication with the new US administration through various diplomatic and trade channels," he added.
Semiconductors are South Korea's largest export product, and concerns are mounting over possible policy changes in the US, including the introduction of universal tariffs or reductions in investment subsidies under the CHIPS and Science Act.