Reuters was first to report details of the new export curbs the Biden administration plans to impose on China’s burgeoning memory chip industry, part of a broader effort to hobble Beijing’s technological ambitions and military advances. The details included news that foreign memory chip makers with operations in China – South Korea’s SK Hynix and Samsung – would be spared the brunt of the crackdown. The news capped off a number of prior developments on the story in recent months found here, here and here.
The post Reuters reveals Samsung, SK Hynix to be spared brunt of China chip crackdown by U.S. appeared first on Reuters News Agency.
About Author
More Stories
Reuters reveals Assa Abloy considers selling Yale and Emtek brands to win U.S. approval for Spectrum deal
Reuters reveals U.S. steps away from flagship lithium project with Buffett’s Berkshire Hathaway
Reuters reveals General Electric lays off workers at onshore wind unit as part of turnaround strategy