Chinese State Media ⁢Urges Korea to Resist US Pressure on HBM Exports

Chinese state media has advised Korea to maintain a “cool attitude” in the face of US pressure to control high bandwidth memory (HBM) exports. The Global Times, an English-language magazine affiliated ⁣with the People’s Daily, emphasized that Korea should not give in to pressure ⁣and sacrifice its own interests.

The US has‍ been pushing Korea to restrict HBM exports, citing concerns‌ that China may acquire⁣ advanced technologies that threaten US security. US Deputy ⁣Secretary ⁣of Commerce for Industry and Security Alan Esteves recently emphasized the need for ‌Korea to supply HBM, ​highlighting ‌its importance in the production of graphics processing units (GPUs).

However, the Global Times argued ⁣that China has‍ been seeking a “win-win road ​map” with ⁣other countries, including Korea, and that Korea must avoid ⁣being a hostage to US export restrictions. The magazine warned that if⁣ Korea were to restrict HBM exports,⁤ the biggest victim would be the Korean semiconductor industry.

The Global Times also predicted ​that US pressure would‌ lead to a decrease in the market price of Korean HBM, resulting in lower export prices ​and reduced profits for Korean semiconductor companies. The magazine criticized the ​US for attempting to force Korean companies to sacrifice sales and ​profits for strategic self-interest, likening ‍it to “directly stealing money” from ‌Korean companies.

The ‌issue has​ significant implications for​ Korean companies such as Samsung and Hynix, which are⁤ major players in the HBM market. As the situation continues ‍to unfold, Korea must carefully consider its response to US pressure and weigh the potential ​consequences for its semiconductor industry.