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asia semiconductors

U.S. Companies Lobby for Early Release of Jailed Samsung Boss to Ease Chip Shortage

By
Shai Oster
· · Source: Financial Times

The American Chamber of Commerce has urged South Korea to pardon Samsung chair Lee Jae-yong and release him from prison in a bid to boost chip manufacturing there and in the U.S., according to the Financial Times. Lee was imprisoned for bribing the former president of South Korea in what has been described as a bid to gain control over Samsung. The sprawling tech conglomerate is mulling...

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