According to Yonhap News Agency, the South Korean President’s Office announced on Monday that the U.S. government decided to indefinitely extend the exemption period for Samsung Electronics and SK Hynix’s factories in China to import U.S. chip equipment.
In other words, Samsung Electronics and SK Hynix can freely supply semiconductor equipment containing American technology to Chinese factories without requiring separate approval.
The U.S. Commerce Department is updating its “verified end-user” list to determine which entities can export specific technologies, Yonhap News Agency said. Once included on the list, there is no need to obtain a separate export license, which means that US export control policies are effectively suspended indefinitely.
“We welcome the U.S. government’s decision to extend exemptions from export control regulations. We believe this decision will help stabilize the global semiconductor supply chain,” SK Hynix said in a statement.
It is found that Samsung Electronics and SK Hynix received one-year authorization from the U.S. Department of Commerce last year to supply equipment required for chip production to factories in China without applying for additional license, and this exemption expired in October this year.
Currently, Samsung Electronics produces NAND flash memory in Xi’an, China, SK Hynix produces DRAM chips at its Wuxi plant, and NAND flash memory in Dalian. It is noted that TrendForce statistics show that as of the end of June, these two companies together controlled nearly 70% of the global DRAM and 50% of the NAND flash memory market.
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