U.S. Grants Samsung, SK Hynix Waivers to Keep Supplying Chip Equipment to China

The U.S. granted Samsung and SK Hynix an indefinite waiver allowing them to supply chip equipment from the U.S. to their factories in China without separate approvals.

This removes uncertainties about the South Korean firms' operations and investments in China.

The U.S. is updating its "validated end user" list to include Samsung and SK Hynix, allowing them to keep supplying certain U.S. tools to China.

Samsung and SK Hynix welcomed the decision, as they have invested billions in chip production facilities in China.

Together Samsung and SK Hynix control about 70% of the global DRAM market and 50% of the NAND flash market.