## South Korea aims to replicate the US-Taiwan chip agreement South Korea is seeking to obtain favorable trade conditions from the United States similar to those recently negotiated with Taiwan in the semiconductor sector. The goal is to ensure that its chip manufacturing companies can compete effectively in the global market. The move comes at a time of increasing competition in the sector, with several nations seeking to incentivize domestic semiconductor production through subsidies and tax breaks. An agreement with the United States could provide a significant advantage to South Korean companies. ## Global context The semiconductor sector has become increasingly strategic globally, with implications for national security and the economy. The pandemic has highlighted the dependence of many sectors on a global supply chain that is often fragile. As a result, many countries are seeking to strengthen their domestic production capacity and reduce dependence on external suppliers.