In a speech at South Korea's Yonsei University, Lam urged South Korean companies to keep investing in Vietnam and warned of the risk of fragmenting supply chains. "Vietnam welcomes South Korean enterprises to expand their investments in the country, emphasising substantive cooperation in technology," Lam said.

South Korea's top trade envoy Yeo Han-koo said on Thursday that chipmakers Samsung Electronics and SK Hynix will not be subject to 100% U.S. tariffs on chips. Yeo said on radio that among various countries South Korea will face the most favourable U.

South Korea will face the most favourable US tariff rates on chips under trade deal, its trade envoy said. Read more at straitstimes.com. Read more at straitstimes.com.

U.S. President Donald Trump’s plan to impose a 100% tariff on all imports, including semiconductors, has raised concerns for South Korean chipmakers Samsung Electronics and SK Hynix. These companies supply large amounts of memory chips to major U.

South Korea’s trade minister said Samsung Electronics and SK Hynix won’t be subject to 100% U.S. tariffs on semiconductor chips.