Why South Korea’s biggest chipmakers are betting big on US over China
Samsung and SK Hynix appear on board with US vision for semiconductor alliance with advanced East Asian economies
In a rare video call last week between U.S. President Joe Biden and SK Hynix chief Chey Tae-won, the South Korean business mogul pledged some $22 billion to expand high-tech investment in the U.S.
“This is the big deal,” Biden said, praising Chey for helping create