South Korea’s SK Hynix and Taiwan Semiconductor Manufacturing granted authorisation to supply operations in China.

Published On 13 Oct 202213 Oct 2022 Al Jareeza

The United States is scrambling to tackle the unintended consequences of its new set of export curbs on China’s chip industry that could inadvertently harm the semiconductor supply chain, people familiar with the matter have said.

Hours before the new restrictions took effect, South Korean memory chipmaker SK Hynix said the US had granted it authorisation to receive goods for its chip production facilities in China without additional licensing imposed by the new rules.

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