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China worrisome as US invites South Korea to join semiconductor alliance

News Snapshot:

0% WASHINGTON: After the United States invited South Korea to join its semiconductor alliance “Chip 4” to build a cooperative platform for the semiconductor supply chain, China’s worries are set to bloom as the main goal of the communist nation to reduce its dependence on other countries for chips is likely to get hampered while US-China tensions rise. This move comes as a shock to China which has dreamt of becoming a leader in semiconductor production by 2030 and is working overtime to enhance its capabilities and production to leave the US behind, a US-based publication reported. The US-led Chip…

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