US to make it harder for Intel, SK Hynix and Samsung to make chips in China

Reuters

08/29

US to make it harder for Intel, <a href="https://laohu8.com/S/HXSCL">SK Hynix</a> and Samsung to make chips in China

WASHINGTON, Aug 29 (Reuters) - The U.S. will make it more difficult for global chipmakers Samsung 005930.KS, SK Hynix 000660.KS and Intel INTC.O to produce chips in China by revoking permission for the companies to receive American semiconductor manufacturing equipment there, according to the Federal Register.

The U.S. Commerce Department had granted the authorizations for the companies to make chips in China as exceptions to sweeping restrictions on the sale of semiconductor equipment to China in 2022.

The companies will now need to obtain licenses to buy the equipment in China.

(Reporting by Karen Freifeld, Editing by Louise Heavens)

((Chris.Sanders@thomsonreuters.com; +1 202-558-8254; Reuters Messaging: chris.sanders.reuters.com@reuters.net))

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