US approves equipment exports to S. Korean chip factories in China


SEOUL (AFP): The United States will allow the export of equipment to South Korean semiconductor factories in China, Seoul's presidential office said Monday (Oct 9), removing a major source of uncertainty for the country's massive chip sector.

Tech giant Samsung and smaller rival SK Hynix were nearing the end of one-year waivers from US export restrictions aimed at China's burgeoning semiconductor sector.

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South Korea , China , US , export , chip , factories , equipment

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