DistantNews
Support us
🇰🇷 South Korea /Technology

South Korea says semiconductors are on the table in U.S. investment talks

From Hankyoreh · () Korean

Translated from Korean and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement Ongoing story
  • South Korea’s presidential office said semiconductor investment in the United States has emerged as an issue in bilateral investment negotiations.
  • The office said Washington is reportedly seeking construction of a memory-chip factory in the United States.
  • It also said tariff and security negotiations have again become difficult, after earlier efforts restored stalled talks.

Semiconductors have entered the list of issues under discussion in South Korea’s negotiations on investment in the United States, the presidential office said on the 4th.

A senior presidential official told reporters that the United States had raised the issue, making it part of the talks. “How and in what form it will conclude does not seem to have been decided yet,” the official said, describing the matter as being at an early stage.

How and in what form it will conclude does not seem to have been decided yet.

· Senior presidential officialThe official described semiconductor investment as an issue raised by the United States at an early stage of negotiations.

The United States is reportedly asking South Korean companies to build a memory-chip factory on American soil as part of the investment negotiations.

The official also said tariff and security talks between Seoul and Washington had again run into difficulties. Security negotiations had proceeded under a joint fact sheet before briefly stalling early this year. Efforts to restore them succeeded around May, the official said, but progress has again become difficult because the security discussions are linked to several other issues.

It is not easy to proceed again now. It is connected to several other issues.

· Senior presidential officialThe official explained why South Korea-U.S. security negotiations have again become difficult.
About this summary

Originally published by Hankyoreh in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

More Stories

From Our Blog