Business & Markets

South Korean Chipmakers Make Rapid Gains in US Market While Reducing Reliance on China

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South Korean Chipmakers Make Rapid Gains in US Market While Reducing Reliance on China
A South Korean national flag (L) and a Samsung flag (R) flutter outside the company's Seocho building in Seoul on May 6, 2020. Jung Yeon-je/AFP via Getty Images
Lisa Bian
Sean Tseng
Updated:

Amid the escalating strategic rivalry between the United States and China, South Korean semiconductor giants are rapidly shifting sales to the U.S. market while reducing dependence on China.

Recent business reports released by Samsung Electronics and SK Hynix showed their sales in China dropped 3.77 percent and 5.39 percent respectively in the third quarter (Q3) compared to the previous quarter (Q2).

Lisa Bian, B.Med.Sc., is a healthcare professional holding a Bachelor's Degree in Medical Science. With a rich background, she has accrued over three years of hands-on experience as a Traditional Chinese Medicine physician. In addition to her clinical expertise, she serves as an accomplished writer based in Korea, providing valuable contributions to The Epoch Times. Her insightful pieces cover a range of topics, including integrative medicine, Korean society, culture, and international relations.
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