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SK Hynix confirmed that it was exempted from restrictions on technology exports from the United States to China for one year

SK Hynix confirmed that it was exempted from restrictions on technology exports from the United States to China for one year

  • Categories:News
  • Time of issue:2022-10-14 11:38
  • Views:

(Summary description)

SK Hynix confirmed that it was exempted from restrictions on technology exports from the United States to China for one year

(Summary description)

  • Categories:News
  • Time of issue:2022-10-14 11:38
  • Views:
Information

SK Hynix said in a statement on October 12th that the company had completed the negotiation with the U.S. Department of Commerce to ensure that it would supply the necessary semiconductor production equipment for the China factory in the next year without obtaining individual licenses. Therefore, SK Hynix is expected to be able to guarantee the supply of production equipment for the China factory in the next year without obtaining individual permission from the United States, and then maintain the production and operation in China.

SK Hynix said: "The company and the US have successfully completed the negotiation on the continuous production of semiconductor products in China. SK Hynix will continue to work closely with the Korean government and the U.S. Department of Commerce to do its utmost to ensure the operation of the China factory on the premise of following international principles. "

The U.S. Department of Commerce previously announced on October 7th that it would restrict the export of production equipment used to produce DRAM with less than 18 nanometers, NAND flash memory with more than 128 layers and logic chips with less than 14 nanometers in China.

The US authorities pointed out at that time that Korean companies could guarantee the supply of production equipment for their factories in China by obtaining individual licenses.

For this reason, SK Hynix has already made preparations for obtaining the permission of the US Department of Commerce.

In this process, SK Hynix continuously emphasized to the US that it is very important to ensure the stable supply of equipment in order to ensure the stability of the semiconductor supply chain facing the international market. After that, the US decided to allow SK Hynix to guarantee the supply of production equipment for China factory without obtaining the individual license required by this restriction within the next year.

Source:ijiwei

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