top of page

Sokor Chip Firms To Omit Sensitive Data In Response To U.S. Plea

  • Writer: By The Financial District
    By The Financial District
  • Nov 6, 2021
  • 2 min read

Samsung Electronics and SK Hynix plan to leave out detailed information when supplying Washington with data related to the global chip shortage as they want to protect trade secrets, two sources briefed on the matter said, Joyce Lee and Heekyong Yang reported for Reuters.


Photo Insert: The interior of a Samsung semiconductor plant



The South Korean firms - the world's two biggest makers of memory chips - are among companies the US government has asked to volunteer information so it can better understand the crisis that has led to a sharp curtailing of auto production.


It has set a Nov. 8 deadline for submission of the information, the Singapore-based Channel News Asia (CNA) also reported.



Thus far, 13 entities have already submitted data to the Commerce Department, including Taiwan's ASE Technology Holding and a unit of Israel's Tower


Semiconductor. ASE left most columns blank and attached a data sheet that was not accessible to the public, while Tower Semiconductor did not mention client names, only describing customer industries. Taiwan's TSMC has said will not leak any sensitive company information in its response to the US request.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

The Commerce Department has said, however, it may make answers compulsory depending on the number and quality of responses.


"The scope of the US data request is such that if all the information it wants is leaked, it would undermine competition and make it really easy for a client to choose one chipmaker over another," said one of the sources, who was not authorized to speak on the matter and declined to be identified.


Government & politics: Politicians, government officials and delegates standing in front of their country flags in a political event in the financial district.

The issue has raised such concern in South Korea that Industry Minister Moon Sung-wook will discuss it with Secretary of Commerce Gina Raimondo when they meet on his trip to Washington next week.


The request is comprised of 26 topics seeking data on inventories, orders, and sales ranging from "everyday" information to questions on highly strategic areas such as capacity increase plans, the top three customers for each product, and how much those three customers account for in terms of the product's sales, according to an industry ministry source.





Optimize asset flow management and real-time inventory visibility with RFID tracking devices and custom cloud solutions.
Sweetmat disinfection mat

TFD (Facebook Profile) (1).png
TFD (Facebook Profile) (3).png

Register for News Alerts

  • LinkedIn
  • Instagram
  • X
  • YouTube

Thank you for Subscribing

The Financial District®  2023

bottom of page