Stranagor
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The US is likely to impose a limit on the chip production capabilities of Samsung Electronics Co. and SK Hynix Inc. in China, a senior American official said, as Washington works with allies to curb Beijing’s access to cutting-edge technologies.
“We’re working with those companies on the way forward there,” Under Secretary of Commerce for Industry and Security Alan Estevez said at a think tank event Thursday in response to a question about South Korean chipmakers’ trade with China. “What it’ll likely be is a cap on the levels they can grow to in China.”
“We’re working with those companies on the way forward there,” Under Secretary of Commerce for Industry and Security Alan Estevez said at a think tank event Thursday in response to a question about South Korean chipmakers’ trade with China. “What it’ll likely be is a cap on the levels they can grow to in China.”
US Likely to Put a Tech Cap on South Korean Chipmaking in China
The US is likely to impose a limit on the chip production capabilities of Samsung Electronics Co. and SK Hynix Inc. in China, a senior American official said, as Washington works with allies to curb Beijing’s access to cutting-edge technologies.
www.bloomberg.com