Korean chipmakers Archives

U.S. Revokes Special Waiver for Samsung and SK Hynix in China, Deepening Uncertainty for Korean Chipmakers

SEOUL, Aug. 30 (Korea Bizwire) — South Korea’s largest chipmakers are facing renewed uncertainty after the Trump administration moved to revoke a waiver that had allowed them to import U.S.-made semiconductor equipment into their factories in China without prior approval. The U.S. Commerce Department announced that Samsung Electronics and SK Hynix will no longer be [...]

U.S. Chips Act Raises Biz Uncertainty for Samsung, SK hynix

SEOUL, March 2 (Korea Bizwire) — Washington’s Chips Act and its requirements for companies receiving incentives are likely to put South Korean chipmakers’ ability to navigate business uncertainties and balance between the United States and China to the test. The Biden administration on Tuesday announced conditions for subsidies under the US$53 billion act, designed to [...]