Huatai-PineBridge applied for an ETF to invest in top Korean chip firms such as Samsung and SK Hynix, as well as Chinese chipmakers like SMIC and Montage Technology
The chip export control moves could amount to the biggest shift in US policy toward shipping technology to China since the 1990s
New US restrictions on computer chips and chipmaking equipment to China could hurt Chinese foundries set up by South Korean chipmakers, a report says
China's chipmaking sector and many others dependent on advanced US tech are likely to be hit hard by export controls announced by Washington last Friday, the FT says.
China's semiconductor index fell more than 5% as chipmakers shed over $8bn in market value and tech giants dropped on Monday, after the US unveiled a raft of export control measures
The Biden administration has brought in new export controls, including cutting China off from certain semiconductor chips made with US tools
New US export restrictions will target China-based producers of DRAM chips, but Samsung and SK Hynix are likely to get more leeway from US regulators, sources say
Huawei will likely avoid using sanctioned advanced chips and use less advanced alternatives from Chinese companies, the FT said
China has ditched recognition of the median line in the Taiwan Strait, while Taiwan keeps a monthly record of key supplies like food and energy in case of conflict with China, officials said Wednesday
SoftBank chief Masayoshi Son hasn't proposed that Samsung buy a stake in Arm or make a pre-IPO investment, the JoongAng daily newspaper reported
"They may feel the job is too hard and not well-paid," Huike Edutech partner Chen Ying was quoted as saying.
The South Korean firm plans to ramp up manufacturing of its advanced chips used for artificial intelligence, 5G, and high-performance computing over the next five years