Samsung, SK Hynix Lose US Waiver on Chip Gear for China Use

The U.S. government has decided to revoke the waiver that allowed Samsung Electronics and SK Hynix, two of the world's largest chipmakers, to export certain equipment to their manufacturing facilities in China. This move is seen as a significant setback for the companies' operations in the world's largest semiconductor market. The decision is part of the Trump administration's ongoing efforts to limit the flow of advanced technology to China, which is viewed as a strategic competitor. The loss of the waiver means that Samsung and SK Hynix will now face additional hurdles and regulatory scrutiny when trying to ship critical equipment to their Chinese facilities, potentially impacting their production and competitiveness in the global semiconductor industry. The move is likely to escalate tensions between the U.S. and China, as it is seen as a further step in the ongoing trade and technology disputes between the two countries. The implications of this decision for the global semiconductor supply chain and the companies' future plans in China remain to be seen.
Source: For the complete article, please visit the original source link below.