US may extend China waiver for South Korean chipmakers

At a time when the US and China are embroiled in a chip war, the former has assured South Korean chipmakers, including Samsung and SK Hynix, that it is planning to extend a waiver that enables these firms to manufacture chips in China.

”We understand the concerns that companies have and we’ll do everything that we can to make sure that companies are able to continue to conduct their business,” US Deputy Secretary of Commerce Don Graves was quoted saying by the Yonhap News Agency, during his two-day visit to Seoul to attend bilateral cooperation talks between the two nations.

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​ At a time when the US and China are embroiled in a chip war, the former has assured South Korean chipmakers, including Samsung and SK Hynix, that it is planning to extend a waiver that enables these firms to manufacture chips in China.”We understand the concerns that companies have and we’ll do everything that we can to make sure that companies are able to continue to conduct their business,” US Deputy Secretary of Commerce Don Graves was quoted saying by the Yonhap News Agency, during his two-day visit to Seoul to attend bilateral cooperation talks between the two nations.To read this article in full, please click here   Read More Computerworld 

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