WASHINGTON—The Biden administration plans to allow top semiconductor manufacturers from South Korea and Taiwan to maintain and expand their existing chip-making operations in China without U.S. reprisals, according to recent remarks by a senior Commerce Department official.
The Wall Street Journal reported on Monday that Alan Estevez, undersecretary of commerce for industry and security, told an audience at a recent industry conference that the government aims to extend exemptions for Asian manufacturers with facilities in China.
www.wsj.com
The Wall Street Journal reported on Monday that Alan Estevez, undersecretary of commerce for industry and security, told an audience at a recent industry conference that the government aims to extend exemptions for Asian manufacturers with facilities in China.
WSJ News Exclusive | U.S. to Allow South Korean, Taiwan Chip Makers to Keep Operations in China
Top semiconductor manufacturers would be allowed to maintain and expand their existing operations in China without U.S. reprisals.
www.wsj.com