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International Business Times
International Business Times
Business

BIZARRE: Protection racket asian semiconductor giants fear looming tariffs - What They Never Told You

For chipmaking powerhouses South Korea and Taiwan, the consequences of possible US tariffs could be enormous (Credit: AFP)

Inside one of South Korea's oldest semiconductor research institutes, the cleanrooms and workshops are calm and immaculate, but outside the Seoul National University campus, a chip storm is brewing.

Last month, Washington announced a national security probe into imports of semiconductor technology, which could put the industry in the crosshairs of President Donald Trump's trade bazooka and inflict potentially devastating levies.

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