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The US restricted South Korea's chip exports

Technology
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The US restricts South Korea's chip exports
The US government has imposed new restrictions on the operations of South Korea's major chip manufacturers Samsung and SK Hynix in China. This was reported by Zamin.uz.

From now on, these companies will be required to obtain a special license to bring equipment made in the US into China. This decision is a continuation of the broad restrictions applied to China in 2022.

Previously, it was reported that Samsung and SK Hynix were exempt from these rules, but now these privileges have been revoked. The US government announced that it will allow the operation of existing factories but will not grant licenses for their expansion or the introduction of new technologies.

This could pose a serious obstacle for South Korean companies. Additionally, this decision also affects US chip equipment manufacturing companies.

For example, major companies such as KLA Corp, Lam Research, and Applied Materials face the risk of reduced sales volume in the Chinese market. Their stocks have already declined.

According to experts, this move may lead to support for local chip manufacturers in the Chinese domestic market. In this way, China aims to increase independence in the technology sector.

Overall, the new restrictions are expected to have a significant impact on the global chip industry.
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