China continues to beat the semiconductor … Our government is helpless – Chosun.com



Input 2018.11.21 03:01

Samsunga / Hynix poll for half a year
Wen Jiabao, Minister for Foreign Affairs,

Chinese imports from Korea and the share of memory semiconductors

On May 31, the Chinese government launched an investigation on pricing for three foreign memory semiconductors. Samsung Electronics, SK Hynix and Micron in the USA. According to a report by the Chinese media: "If it is found that three companies have abused the dominance of the market, the amount of penalties will reach up to $ 8 billion ($ 9 billion) by 2016".

On 5 June, a week after the launch of the Chinese antitrust investigation, the Minister of the Economy, Industry and Energy Baek Woon-kyu called for a fair hearing on semiconductor companies' inquiry at a meeting of trade and industry ministers. On November 8 of the same month, he held a meeting with the semiconductor industry and explained the content. Only then did the Ministry of Industry organize a meeting with the industry regarding the Chinese Semiconductor Antitrust Investigation.

At the end of June, the Korean Embassy said: "At the end of June, Kim Hyun-Jong, the head of the negotiating team, met with the Director General of China. At the end of July, Kim Sang-Joo, Chairman of the Fair Trade Committee, was asked for a fair investigation against high Chinese economic officials. "However, the Ministry of Industry did not offer any countermeasures after the Chinese antitrust investigation announced on 16 November that it" made significant progress by providing a large number of evidence ". Last year, China imported $ 177.2 billion ($ 200 billion) from Korea. Of these, semiconductors account for 26% or $ 46.3 billion (52 billion won).

Although the Chinese government is taking one-to-one verification measures for our companies, the Korean government, like the president, foreign affairs and trade authorities, reacts responsibly and passively responds to the point of disappearance of diplomatic relations with China.

The high-level meeting took place in Papua New Guinea on April 17th at the Asia-Pacific Economic Cooperation (APEC) summit, but we have not formally filed an appeal in the investigation of a semiconductor antitrust investigation. President Moon Jae-in has asked Chinese President Shi Hin Jing to express his euphoria only to ease economic revenge by introducing Saad. President Moon then said that relations between Korea and China are rapidly recovering, such as increased investment in trade and human exchange between the two countries. "However, I expect that both Koreans will continue to make efforts to bring about change." However, Shi said: "Different agreements are gradually being implemented and constantly evolving."

The Ministry of Foreign Affairs also said that it had never had a meeting of the countermeasures council with the Ministry of Industry. A state official said: "It's unclear which agency in China is the opposite." The industry is also concerned that "the Chinese government seems to be powerless when it comes to checking Korean companies in fact." The United States has begun to investigate its own company Micron, who recently blamed the stolen business hiding of Micron's Chinese factory Fujian Jinhua Semiconductor Co. Ltd. and limited the export of its equipment, parts and technologies to Fujian Evolution.

The negative attitude of the authorities towards China is emphasized that it is too different from how to deal with the issue of trade with the United States. On May 23, similar to the Chinese Semiconductor Survey, the US Department of Commerce launched an investigation into Article 232 of the Trade Expansion Act, which states that "imported cars threaten national security." After one day, the Ministry of Industry and Industry, together with domestic car manufacturers and the PR public relations team (TF), was working on the US trend test. In the next two months, a public TF (2 times), expert meetings (2 times), meetings of the Committee for Trade Promotion and Foreign Ministers' meetings were held to gather opinions and prepare government opinions. On 18 and 20 July, the Joint Heads of Representatives led by Kim Hyun Jong, the chief general negotiator, convinced the Congress and government officials in Washington, USA.

An official from the Ministry of Foreign Affairs said: "The Ministry of Industry is responding as a competent department and has not received a request for cooperation." Diplomatic sources said: "We are convinced that diplomatic bodies have a lot of consultations with the US, but when we look at China, which we can not negotiate at the time of sadness Sad, there is a page," he said.


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