SEOUL -- New U.S. trade rules that will let major South Korean companies keep producing semiconductors in China are a "very, very significant measure" for business, Ahn Duk-geun, South Korean minister for trade, told Nikkei Asia in an interview.
Last month, the U.S. Department of Commerce announced that flagship South Korean companies Samsung Electronics and SK Hynix had been deemed "validated end-users (VEU)," a designation that makes it simpler to ship equipment from the U.S. to their factories in China.
