The US is proposing annual approvals for exports of chipmaking supplies to Samsung Electronics Co. and SK Hynix Inc.’s factories in China, a compromise aimed at preventing disruptions to the global electronics industry after Trump officials revoked Biden-era waivers that let the companies more easily get such shipments. Officials in the US Commerce Department last…
(Fixes typographical error in headline) (Reuters) – The United States is proposing annual approvals for exports of chipmaking supplies to Samsung Electronics and SK Hynix’s China-based factories, Bloomberg News reported on Monday. Officials in the U.S. Commerce Department last week presented to Korean counterparts a “site license” idea to supplant indefinite authorizations the chipmakers secured…
OpenAI CEO Sam Altman has warned that export controls alone are not an effective strategy to curb China’s development of artificial intelligence (AI). He’s absolutely right. China’s rapid ascendancy in the global AI race is becoming increasingly evident, driven by its strategic focus on engineering, application-driven development and alignment with national policy. While the US…
China’s drive for economic self-reliance is raising the spirits and prospects of its semiconductor industry, as insiders expect more home-grown technologies after Washington revoked waivers for some foreign-owned chipmakers’ factories in China to use US technologies in their operations. The Chinese branches of South Korean chipmakers Samsung and SK Hynix, as well as Intel Semiconductor…
US has notified a new rule revoking earlier permissions that allowed Samsung, SK Hynix and Intel to use American chipmaking equipment in China, reports news agency Reuters. These approvals, granted in 2022 by the Commerce Department, were exceptions to broader restrictions on exporting semiconductor tools to China. Under the new rule – posted in the…