Washington: The US government has officially issued a rule updating general authorisations for Samsung Electronics and SK hynix to keep supplying their China-based plants with certain US semiconductor manufacturing equipment. The Commerce Department’s Bureau of Industry and Security (BIS) announced the rule after it notified the Seoul government of the decision to designate the two chipmakers as “verified end users (VEU)” — a status that reduces the licensing burden on the Korean firms with operations in China. In October last year, the United States published the rule restricting exports of certain advanced chipmaking tools to China-based facilities in an apparent bid to slow Beijing’s tec
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