Open figure viewer
Significance
Separately, SK hynix has blocked a merger between the NAND (flash memory) sector’s third- and fourth-ranked firms, Kioxia -- which it partly owns -- and Western Digital.
Impacts
Washington’s green light eases a major irritation for Seoul: that its ally and protector was behaving unfairly and high-handedly.
The US decision tacitly acknowledges that this is no time further to unnerve global supply chains.
Beijing may also tacitly want to dial down tensions with Washington.
Keywords:
United States,
South Korea,
China,
AP,
NA,
economy,
industry,
international relations,
foreign investment,
foreign trade,
technology,
Semiconductors
© Oxford Analytica 2023. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2023
You do not currently have access to this content.
