
Seoul, South Korea and Taipei, Taiwan – When United States President Joe Biden made his inaugural trip to South Korea as president in May, his first stop was a massive semiconductor production facility operated by Samsung Electronics.
The choice signalled Biden’s recognition of the importance of both Samsung, South Korea’s biggest conglomerate and a major investor in the US, and semiconductors, the chips that power countless modern appliances and sit at the centre of a growing US-China rivalry that encompasses business and geopolitics.