South Korea will avoid capitalizing on China’s ban on a US chipmaker, seeing the move by Beijing as an attempt to drive a wedge between Seoul and Washington, according to a person familiar with the situation.
The South Korean government won’t encourage its memory-chip firms to grab market share in China lost by Micron Technology Inc., which has been barred for use in critical industries by Beijing on national security grounds, said the person, who asked not to be identified as the topic is politically sensitive.
China’s Micron decision has drawn South Korea into the US-China battle over technology access and national security. While Washington is Seoul’s top security partner, China is South Korea’s biggest trade partner.Washington, along with allies in Japan and the Netherlands, has imposed a series of export controls on chip making equipment and knowhow to Beijing as the world’s top two economic powers increasingly square off in trade and technology.
It remains unclear whether China would expand its crackdown on US chipmakers or how the US will respond to Beijing’s ruling on Micron. The two sides have recently tried to lower tensions and restore high-level talks, including meetings this week between top commerce officials in Washington.
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