INSUBCONTINENT EXCLUSIVE:
The proposed legislation aims to bolster chip manufacturers against potential threats from abroad.This move comes as global competition in
the semiconductor sector intensifies
The bill offers subsidies to chipmakers and exempts certain workers from national work hour limits.These measures seek to enhance the
expressed concern over possible U.S
tariffs on Chinese imports
He fears these tariffs could trigger a price war, potentially harming South Korean chip exports.The new bill attempts to address these
concerns while maintaining a free-market approach
(Photo Internet reproduction)The proposed law aims to level the playing field without stifling innovation or market forces
They point to similar measures taken by other countries to support their semiconductor industries.However, the legislation still requires
approval from the main opposition party to become law
Some provisions of the bill have sparked debate among industry stakeholders.The labor union at Samsung has opposed the plan to waive work
hour limits for certain employees
They argue that this move unfairly blames labor laws for management shortcomings.Samsung recently acknowledged its struggle to keep pace
with rivals in the artificial intelligence chip market
This admission highlights the challenges faced by even the largest players in the industry.It underscores the need for companies to innovate
and adapt without relying solely on government support
The proposed legislation comes amid broader geopolitical tensions in the tech sector.Former U.S
President Donald Trump has threatened to cut chip subsidies for foreign companies operating in America
