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.
Business & Finance
Reuters reveals Samsung, SK Hynix to be spared brunt of China chip crackdown by U.S.
06 October 2022, 8:52 pm 1 minute
Topics of Interest: Business & Finance
Type: Reuters Best
Countries: ChinaSouth KoreaUS
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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