Home Business What does the United States intend to extortion of confidential data from many semiconductor companies? _Xinmin Current Affairs_Xinmin Network

What does the United States intend to extortion of confidential data from many semiconductor companies? _Xinmin Current Affairs_Xinmin Network

by admin

In late September of this year, in the name of responding to the global chip crisis, the US Department of Commerce strongly required many semiconductor companies, including South Korea’s Samsung, to provide them with confidential data. The deadline was November 8. According to South Korean Samsung Electronics and SK Hynix confirmed today (9th), these two companies have already submitted some business information to the US government on the 8th.

South Korea has repeatedly expressed strong dissatisfaction with the unreasonable demands of the US, whether to hand over or not to hand over. South Korean companies were once in a dilemma. Why did they finally make the decision to “hand over information”? What is the reaction of the South Korean government, the South Korean industry and the media to this? Poke the video↓↓↓

Samsung and other companies said they did not provide sensitive information such as customer data

According to South Korea’s Samsung Electronics and SK Hynix, the information they provide to the US government does not contain sensitive information such as customer data. It is understood that Samsung Electronics also omitted inventory information and marked all submitted information as confidential documents that cannot be disclosed. , And SK Hynix marks some of the information as confidential documents, and inventory information is only provided by classification for cars, mobile phones, and computers. According to a South Korean source, among the information provided by the two companies, sensitive information has been minimized.

South Korean public opinion criticizes the U.S. government for excessive market intervention

Semiconductors can be said to be an advantageous industry developed by South Korea in the past 30 to 40 years, and it is also a pillar industry of South Korea’s economy. It can be seen from the ranking of the world semiconductor industry that South Korea’s Samsung Electronics and Sk Hynix are the world’s first and second companies. Now that the U.S. government has to provide core secrets under high pressure, one can imagine the dissatisfaction of the Koreans. In particular, Samsung had previously promised to invest heavily in building factories in the United States to expand the productivity of semiconductor products, but it still failed to satisfy the US government. Therefore, in South Korean public opinion, criticism of the US government’s hegemonic behavior can be seen everywhere. The well-known Korean financial media Daily Caijing also published many articles criticizing the US government for adopting Biden-style America after Trump. Prioritization is an excessive intervention in the market.

South Korean public opinion calls on the government to take more active measures to deal with

Facing the heavy pressure from the United States, the South Korean semiconductor industry is also worried. If the United States keeps making excessive demands in the future, how should it respond? Although the South Korean government has also taken action, the semiconductor industry has also voiced that the government needs to take more proactive measures to respond and maintain South Korea’s dominant position in this regard.

What does the United States intend for chip “commercial secrets”

So, why does the United States openly carry out “data blackmail”? Affected by the epidemic, there is indeed a crisis in global chip supply. However, the hegemonic approach of the United States is not so simple as to deal with the crisis of lack of “chips”.

US President Biden: Just like the chips, batteries and broadband networks in my hand, they are all infrastructures.

The chip shortage has forced many U.S. car companies and other manufacturing industries to cut production capacity

Although U.S. President Biden emphasized the importance of chips, the share of chips manufactured in the United States has been declining.

Intel CEO Pat Gelsinger: Twenty-five years ago, the United States accounted for 37% of the global semiconductor manufacturing industry, but now this number has dropped to 12%.

In the United States, the chip shortage has forced many car companies and other manufacturing industries to cut production capacity. At the end of September, six GM plants in the United States ceased production, and Ford also announced restrictions on production of some models. Many workers faced unemployment.

American auto workers: All this is terrible. But what can we do? There is no other way but to wait.

US Senate Majority Leader Chuck Schumer: Due to the shortage of chips, the US manufacturing industry has suffered a very serious blow. We have all heard that car factories in some of our states are shutting down or reducing production capacity because they cannot get chips.

The United States hopes to expand the chip industry through the return of the semiconductor industry

The continuous “chip shortage tide” has caused countries to re-examine the local chip industry chain. Repairing the supply chain and regaining chip dominance is one of the issues that the United States is most concerned about. The United States is eager to return to the United States through the semiconductor industry to expand the chip industry and enable the United States to gain control in the high-tech field. The United States chose not to increase investment in research and development, but to put pressure on other chip companies to force others to submit.

Park Jae-geun, a professor at the Department of Electronic Engineering, Hanyang University, South Korea: This is tantamount to disclosing the company’s most basic selling price and cost price. If it is leaked to a competitor or a buyer’s company, the situation will be very bad.

American practice is criticized as a pathological manifestation

The US approach reflects its consistent hegemonic style. Prabir Pulkayasta, the founder of the digital media platform “News Click”, commented that the United States wants to maintain its position as a global technology leader, and it can be achieved by investing in future technology knowledge. However, the reason why the United States chooses to apply pressure and sanctions in the chip field is that it is far easier than building a society that values ​​knowledge. This is a pathological manifestation of capitalism.

Comment>>The United States extorted confidential data from a number of semiconductor companies

According to Yonhap News Agency, the Minister of Industry, Trade and Resources of South Korea, Moon Seung-yu, is scheduled to visit the United States from the 9th to the 11th, and will focus on discussing semiconductor supply chain issues with the US Minister of Commerce. On the afternoon of the 8th local time, South Korean chip giants Samsung Electronics and SK Hynix provided information on their chip business to the US government. Why do these companies submit data when the US asks for data? What impact will this have on the company?

The U.S. government uses increased chip “supply chain transparency” as an excuse to hide its goal of achieving chip hegemony. In addition, what other considerations does the U.S. have? Poke the video to see what the experts say↓↓↓

News link>>U.S. Long-arm Jurisdiction Unscrupulously Suppresses Companies From Other Countries

In fact, it is not uncommon for the U.S. to use state machinery to suppress companies in other countries. Companies such as Toshiba in Japan and Alstom in France have all suffered brutal suppression by the U.S. The hypocrisy of the so-called fair competition advertised by the U.S. has been exposed and has seriously harmed the U.S. country. Reputation and image.

The U.S. unscrupulously suppressed Japanese industry in the 1980s

In 1968, Japan became the world‘s second largest economy after the United States. The Japan International Exposition held in Osaka in 1970 made Japan’s technological manufacturing capabilities famous all over the world. While Japan’s economy was taking off, the United States had its first trade deficit since World War II in 1971, and trade frictions between Japan and the United States have become increasingly intensified.

In the 1980s, the sudden emergence of Japanese semiconductor products in the global market aroused the vigilance of the United States. In 1985, the United States, Japan, Germany, France, and the United Kingdom signed the “Plaza Agreement”, which forced the yen to appreciate sharply, thereby weakening the export competitiveness of Japanese products. Since then, the United States imposed a series of operations to forcibly restrict the export of Japanese goods to the United States, while at the same time increasing US exports to Japan.

The Japanese auto industry has also been suppressed by the US “trade stick”. In the early 1980s, the share of American cars in the Japanese market was almost zero, while the share of Japanese cars in the American market exceeded 20%, and Japan became the largest source of imports for American cars. In 1981, under pressure from the United States, Japan was forced to agree to restrict the export of cars to the United States. Not only that, the United States also further required Japan to open its domestic market and purchase more American cars.

Hudson, professor of economics at the University of Missouri in the United States: The United States has always been the most protective country in the world. It only wants other countries to open up trade.

French business giant Alstom encountering the “American Trap”

In 2013, the French core energy company Alstom Group also encountered similar pressure from the United States.

On April 14, 2013, Pierucci, the global head of the Alstom Group’s Boiler Division, was arrested by the US Federal Bureau of Investigation as soon as he landed at the Washington Airport. Through related corruption cases.

Pierucci, former global head of Alstom’s boiler department: As soon as I was arrested, they told me that Alstom had been under investigation for three years. But Alstom did not cooperate with the US Department of Justice, so they decided to give a heavy blow.

Pierucci later discovered that his arrest was actually a conspiracy created by the collusion between the US judicial department and the business community. The ultimate goal of the United States to “encircle the hunt” was Alstom, the biggest competitor of General Electric in the United States.

Pierucci, former global head of Alstom’s boiler department: They arrested me to put pressure on Alstom’s president. Arresting me means that the president himself will be arrested next. The U.S. Department of Justice arrested me and pressured the president to make him cooperate and agree to pay the FCA at the time, with the highest fine of more than $700 million. It also forced him to sell 70% of Alstom to General Electric.

When Pieruzzi was behind bars, his owner Alstom was “dismembered”. This commercial giant, which once spanned the global electric energy and rail transit industries, was not only fined $772 million by the U.S. Department of Justice, but its core business was also forcibly acquired by its main competitor, General Electric. As a result, the United States obtained partial control of most nuclear power plants in France.

Based on this experience, Pieruzzi wrote the book “American Trap”, exposing how the U.S. government built an “American Trap” under the cloak of anti-corruption according to law, and launched a “secret economic war” against other countries.

Pierucci, former global head of Alstom’s boiler department: The core of “American Trap” is to explain how the United States has used “law” as a weapon of economic warfare in the past 20 years. They apply different laws and control global commerce through extraterritorial rights. Flow, control global trade.


0 comment

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy