The decision removes uncertainties hanging over the shipment of banned advanced chipmaking gear.
The US concession is critical for Hynix and Samsung’s long-term survival in China, the world’s largest semiconductor market.
The US concession means Hynix and Samsung are free to import advanced American machinery that would otherwise be prohibited from entering China, but are crucial in allowing the Korean industry leaders to operate in the world’s biggest chip arena over the longer term. It operates a DRAM factory in Wuxi in central China, which produces a major proportion of its global memory chips, and also runs NAND facilities in the northern city of Dalian.
While the decision lifts some of the uncertainty, Korea’s tech leaders will continue to grapple with the fallout from geopolitical tensions as Washington tries to contain China, both a major market as well as production base for Hynix and Samsung. Washington has decided to scrap that restriction for Hynix and Samsung with immediate effect, local news agency Yonhap first reported on Monday.
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