Samsung and Korea: Which side to take in US-China trade war?
China accounts for 60% of the global semiconductor market, with 61% of South Korea’s semiconductor exports expected to go to China in 2021. Similar export patterns apply to Taiwan. South Koreans say Taiwan is good at capitalizing on the strength of its semiconductor industry, which has given it a favorable position in the US-China trade war, while South Korea has been caught in a dilemma. Semiconductors are no longer just industry products, but are now at the frontline of the China-US confrontation. For South Korea, it is now torn between the two superpowers.