South Korean President Yoon Suk-yeol is a staunch "beauty-loving" politician, and he is "looking ahead" on various strategies of the United States, and Yoon Suk-yeol's ability to give a speech to the US Congress has already shown that the Biden administration of the United States recognizes Yoon Suk-yeol. When the United States insisted on a trade war with China, South Korean President Yoon Suk-yeol was unrelenting, and South Korea joined the ranks of encircling and containing China's chip industry. The United States not only restricts the entry of chips into China, but also controls the export of equipment, for which many South Korean equipment suppliers are concerned by the United States. The United States has already made South Korean chip equipment suppliers obedient only through executive orders, because if South Korean companies violate US executive orders, the United States can sanction South Korean companies through "long-arm jurisdiction".
South Korean manufacturers dare not complain about the control requirements put forward by the United States, and can only strictly implement the ban of the United States, which has led to a significant reduction in South Korea's chip equipment exports. China is the largest importer of chip equipment, and South Korea has grabbed huge benefits from the Chinese market through the export of chip equipment, but now South Korea is quite sad. According to South Korean media reports, South Korea is now the most injured one, because the data shows that South Korea's chip equipment exported to China has fallen the most, with a decline of 20.3% in 2023, which has caused South Korean manufacturers to lose 20% of their operating income. Although other countries' exports of chip equipment to China are also in a plummeting situation, they are not as tragic as South Korea.
The United States took the lead in sanctioning China, but the decline in chip equipment exported to China by the United States in 2023 will only be 3.1%, so it seems that South Korea is being put together by the United States, because South Korea controls the equipment exported to China in accordance with the requirements of the United States, and the United States has not changed much, obviously the United States is maintaining most of the sales of existing equipment, so as to continue to extract benefits from the Chinese market, so it seems that as an ally of the United States is to be betrayed, South Korea is the most typical one. What also makes South Korean companies sad and angry is that China has expanded the scale of equipment imported from the Netherlands and Japan, and it is obvious that South Korea has lost part of the market has been grabbed by the Netherlands and Japan, so there is now a situation in which South Korea is "seeking a hammer".
When the United States launched a chip war against China with great fanfare, South Korea joined the ranks of dealing with China "without hesitation", and now judging from the data released by the South Korean media, South Korea has suffered a big loss. In order to cooperate with the United States sanctions against China, South Korea banned the export of a number of high-end chip products to China, including memory chips, which directly led to the profits of South Korean chip giants plummeting by more than 90%, so it directly impacted South Korea's export economy.
South Korea rushed to the front line of confrontation against China, but was directly betrayed by the United States, and at the same time let Japan and the Netherlands gain benefits, the global beacon line believes that in fact, the United States through the "Chip Science Act" to promote chip giants to set up factories in the United States, is to allow the United States to control all the processes of the chip industry chain, so as to clamp China's high-tech, in fact, the United States is still exporting chips to China, because China is the world's largest chip application market.