Samsung doesn’t have much faith in the USA’s one-year permit for chip exports to China
Last updated: October 25th, 2022 at 13:57 UTC+02:00 The one-year permit Samsung and SK Hynix have obtained from the U.S. Department of Commerce to ship chipset technologies to China might not make a difference. Samsung and SK Hynix are still on the fence regarding their investments in China, and they might hold off from spending too many resources over the coming 12 months.
The USA has restricted advanced chipset technology exports to China but gave Samsung a one-year permit, allowing it to export equipment to its…