U.S. Seeks More Korean Chip Investment as Honam Project Advances

Howard Lutnick, U.S. Commerce Secretary The U.S. government is seeking additional investment by South Korean semiconductor companies in U.S. memory production facilities, citing Korea's 800 trillion won, or approximately $577.45 billion, Honam semiconductor cluster project. Washington has conveyed that South Korean companies should expand investment in the United States as South Korea increases…