US Proposes Annual Approval for Samsung and Hynix to Export Chip Equipment to China

Reported about 16 hours ago

The U.S. is considering a plan requiring Samsung Electronics and SK Hynix to obtain annual approvals for exporting chip-making equipment to China, following the revocation of waivers by the Trump administration. This approach aims to allow the South Korean companies to continue their production while controlling the potential upgrade or expansion of chip facilities in China. The proposed plan was recently discussed between U.S. officials and their Korean counterparts.

Source: YAHOO

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