Foreign media: Trump sets his sights on Samsung shares

According to the report by the Korean newspaper Hanmin Ilbo on the 21st, US President Trump, in order to consolidate American semiconductor dominance, has set his sights on South Korean company Samsung Electronics. The US government has officially established a policy that semiconductor companies building factories in the US must exchange shares in order to receive government subsidies. This has caused concern in South Korea and caught Samsung Electronics and SK Hynix off guard as they are currently investing in the US. Reuters reported that US Secretary of Commerce Ross has revealed that the US government is considering purchasing shares of semiconductor companies that have received subsidies under the "Chip Act" and have built factories in the US, with Samsung Electronics being one of the candidates. As a result, Samsung Electronics may be in a position where they have to give up shares in exchange for subsidies. According to reports, this has been deemed absurd by domestic South Korean companies. A semiconductor industry professional stated, "It is incomprehensible that the US government is ignoring existing contracts and demanding shares instead." The US government may acquire approximately 1.56% of Samsung Electronics' shares as a result.