Source: International Business Times
South Korea is home to the world's largest memory chip maker Samsung, and largest memory chip supplier SK Hynix AFP South Korea on Tuesday announced plans to invest almost $5 billion extra in the country's semiconductor industry, citing "growing uncertainty" over US tariffs. The country is a major exporter to the United States and its powerhouse chip and auto industries would suffer a hefty hit from President Donald Trump's threatened 25 percent levies. Concerns about the sector have hammered the Seoul-listed shares of the world's largest memory chip maker Samsung, and largest memory chip supplier SK Hynix.
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