SK hynix Inc. announced that the U.S. government has provided clarification to its export control regulations announced by the Commerce Department’s Bureau of Industry and Security (BIS) on Friday, October 7, 2022. In an official letter from BIS, the agency assured SK hynix that the company and its current suppliers, business partners, without additional licensing requirements, are still authorized to carry out the activities necessary to maintain their current presence in China for a period of one year. production of integrated circuits.
Through consultations with the U.S. Department of Commerce, it is now possible to approve the provision of equipment and items required for the development and production of DRAM semiconductors in Chinese plants without additional licensing requirements,” SK Hynix said. The new rules require the export, re-export or transfer to China of (domestic) items, including manufacturing equipment and support for DRAM chips at 18 nanometers and below, NAND chips at 128 layers or above, and logic chips at 14 nanometers and below.
As a result of efforts to minimize the impact, SK hynix was able to obtain authorization to continue operations without the additional licensing requirements imposed by the new rules. The company said, “The continued availability of equipment means we can provide a stable supply of memory chips to the world. Together with the Korean government, we will continue to consult with the Ministry of Commerce and do our best to operate our facilities in China in a stable manner while continuing to comply with applicable laws and regulations.”
