South Korean semiconductor giants Samsung and SK Hynix receive exemptions from President Trump's newly announced 100 percent import tariffs on silicon chips. The exemptions follow a pattern where companies with existing or planned American manufacturing facilities avoid the punitive measures. Samsung committed 45 billion dollars toward constructing two fabrication plants, one research center, and one packaging facility before 2030. SK Hynix plans a 3.87 billion dollar investment in West Lafayette, Indiana, for memory packaging operations and advanced research facilities. These investments secure both companies protection from the tariff structure.
Apple and NVIDIA previously obtained similar exemptions through their substantial...