June 29, 2022

South Korean companies Samsung Electronics and SK hynix as asked by the U.S Commerce Department have duly submitted its chip supply chain data, while no sensitive client data was included in the document.

According Samsung Electronics, it submitted its response today, in accordance with the guideline of the Department of Commerce. And due to contractual obligations and after consultation with the department, no information on customers was disclosed.

While South Korean major DRAM maker, SK Hynix also stressed that it has kept trust with customers and not disclosed any sensitive information related to their customers.

According to reports, the two Korean firms have now joined Taiwan Semiconductor Manufacturing Co. and other major global semiconductor companies in complying with the U.S request for data sharing.

Washington officials explained such a move was intended at sorting out a global shortage of chips.

The two South Korean chipmakers were given 45 days to answer a total of 26 questions about the companies’ inventories, order volumes, sales and customers by product and were asked to cooperate voluntarily.

And accordingly, a total of 67 chip suppliers around the world, as of early Tuesday, including the world’s biggest foundry firm TSMC, submitted their business information to the US department.

The Chinese government after years of U.S sanctions on China’s Huawei believes that the U.S government could utilize the data from the chipmakers to impose further impose restrictions on their companies.

According to reports, the country’s Industry Minister Moon Sung-wook meanwhile left for Washington D.C. on Tuesday for talks on semiconductor supply chains, steel tariffs and other pending issues.

The minister during his tree-day visit to the U.S plans to meet with U.S Commerce Secretary Gina Raimondo to discuss ways to strengthen economic partnership, including the supply chain issues.

The ministry mentioned that the two sides are planning to discuss pending trade issues, such as the cooperation in semiconductor supply chains and steel tariffs under the Section 232 rules.

The meetings were to take place right after the Nov. 8 (U.S time), the deadline which the U.S had asked the chipmakers and automakers to share business information to help address the global semiconductor shortage.