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South Korea’s SK Hynix confirms it has acquired permission to acquire gear for chip manufacturing services in China.
The US authorities has allowed a minimum of two non-Chinese language chipmakers working in China to obtain restricted items and providers with out their suppliers in search of licenses, easing the burden of a brand new crackdown on the Chinese language chip sector, in line with business sources.
The Biden administration had deliberate to spare overseas corporations working in China, resembling South Korean reminiscence chip makers SK Hynix and Samsung Electronics Co, from the brunt of recent restrictions, however the guidelines printed on Friday didn’t exempt such companies, the sources stated.
South Korea’s SK Hynix on Wednesday confirmed it had acquired authorisation from the US Division of Commerce to obtain chip gear wanted for its chip manufacturing services in China for one 12 months, with out in search of further licensing necessities.
As printed, the Biden administration’s guidelines require licenses earlier than US exports may be shipped to services with superior chip manufacturing in China, as a part of a US bid to gradual Beijing’s technological and navy advances.
The US had deliberate to grant licenses to provide non-Chinese language chip factories on a case-by-case foundation, whereas licenses to Chinese language chipmakers will face a presumption of denial.
As of midnight Tuesday, distributors additionally can not assist, service and ship non-US provides to such China-based factories with out licenses if US corporations authorise, direct or request them.
However whether or not a license is permitted or not, the time it takes to get by means of the licensing course of might create delays in shipments and halt manufacturing.
A US Commerce Division spokesperson didn’t immediately reply to a request for touch upon the authorisations however stated the division hopes to get enter from stakeholders in regards to the rule and should contemplate adjustments.
A White Home spokesperson additionally didn’t reply to a request for remark.
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