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Samsung Electronics, SK Hynix Get Indefinite Waiver To Supply U.S. Chip Gear To China

CHINA PRESS
MNI (Singapore)
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Samsung Electronics and SK Hynix will be allowed to supply U.S. chip equipment to their China factories indefinitely without separate U.S. approvals, South Korea’s presidential office said on Monday. As the world’s largest two memory chip manufacturers, both companies have engaged in the Chinese market for years and invested billions of dollars. Samsung Electronics produces NAND flash memory in Xi'an city, while SK Hynix produces DRAM chips in Wuxi city and NAND flash memory in Dalian city. (Source: Quanshang China)

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Samsung Electronics and SK Hynix will be allowed to supply U.S. chip equipment to their China factories indefinitely without separate U.S. approvals, South Korea’s presidential office said on Monday. As the world’s largest two memory chip manufacturers, both companies have engaged in the Chinese market for years and invested billions of dollars. Samsung Electronics produces NAND flash memory in Xi'an city, while SK Hynix produces DRAM chips in Wuxi city and NAND flash memory in Dalian city. (Source: Quanshang China)