All data are based on the daily closing price as of May 24, 2024

Samsung and SK Hynix Granted Indefinite Approval for Supplying U.S. Chip Equipment to China Factories

South Korea
Share this on

Samsung Electronics and SK Hynix have received approval to supply U.S. chipmaking equipment to their China factories without the need for separate approvals. This move comes as the U.S. is expected to extend the waiver granted to these South Korean chipmakers, easing uncertainties related to their operations and investments in China. The U.S. Department of Commerce will update its “validated end user” list to include Samsung and SK Hynix, allowing them to continue supplying specific U.S. chipmaking tools to their Chinese facilities without individual export permissions.

Share this on
Jakota Newsletter

Stay ahead in the JAKOTA stock markets with our roundup of vital insights

Icon scroll to top