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US signals more support for South Korean chipmakers in tech battle with China

Samsung and SK Hynix can expect extension to permission for sending US chipmaking tools to their Chinese plants

Washington has signalled to South Korea’s leading chip companies that it will extend permission for them to send US chipmaking tools to China, a concession to an ally that is key to curbing Beijing’s access to cutting-edge semiconductors.

The Biden administration in October gave Samsung Electronics and SK Hynix, two of the world’s leading producers of memory chips, a one-year reprieve from export controls designed to reduce China’s ability to develop high-end chips.

Four people familiar with the situation said the US had now sent a clear message that the Korean producers would be given another waiver for their plants in China for at least another year.

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