Samsung Electronics and SK Hynix have acquired certifications from the U.S. government for their plants in China, clearing hurdles for the Korean chipmakers operations in the world s second-largest economy, according to the Ministry of Trade, Industry and Energy, Tuesday.
Samsung Electronics and SK hynix appear to be breathing a sigh of relief over the U.S. CHIPS and Science Act’s guardrails as the regulation, which aims to restrict China’s chip development technology, limits the expansion of advanced semiconductor production capacity to no more than 5 percent in China, according to industry officials and experts, Sunday.
Korea and the United States agreed Thursday to boost cooperation on technology for chips, robots and other advanced industries through joint research projects, Seoul s industry min.
Samsung Electronics Chinese operations and workforce are showing evidence of decline, reflecting a possible move to reduce reliance on China. Its legal battle against BOE, a leading Chinese display company, is likely to add haste to the China exit.