US makes it harder for SK Hynix, Samsung to make chips in China

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The United States is making it more difficult for chipmakers Samsung and SK Hynix to produce chips in China by revoking authorisations that allowed the companies to receive American semiconductor manufacturing equipment there, according to the Federal Register.

The U.S. Commerce Department had given the companies exemptions to sweeping restrictions created in 2022 on the sale of U.S. semiconductor equipment to China.

The companies will now need to obtain licenses to buy the equipment for China. The federal filing also included Intel among the companies…



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US makes it harder for SK Hynix, Samsung to make chips in China



The United States is making it more difficult for chipmakers Samsung and SK Hynix to produce chips in China by revoking authorisations that allowed the companies to receive American semiconductor manufacturing equipment there, according to the Federal Register.

The U.S. Commerce Department had given the companies exemptions to sweeping restrictions created in 2022 on the sale of U.S. semiconductor equipment to China.

The companies will now need to obtain licenses to buy the equipment for China. The federal filing also included Intel among the companies…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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