Reported about 17 hours ago
Shares of South Korean chipmakers SK Hynix and Samsung Electronics declined after the US revoked authorizations for supplying semiconductor manufacturing equipment to their factories in China. This decision complicates upgrades for these companies, which significantly rely on their operations in China for memory chip production. Analysts suggest that while Samsung may face less impact due to more production outside China, SK Hynix, which has a significant portion of its production in China, could be more affected. The development raises challenges for South Korean firms amid ongoing trade tensions and changing export controls.
Source: YAHOO