Reuters reveals Samsung, SK Hynix to be spared brunt of China chip crackdown by U.S.

Reuters was first to report details of the new export curbs the Biden administration plans to impose on China’s burgeoning memory chip industry, part of a broader effort to hobble Beijing’s technological ambitions and military advances. The details included news that foreign memory chip makers with operations in China – South Korea’s SK Hynix and Samsung – would be spared the brunt of the crackdown. The news capped off a number of prior developments on the story in recent months found here, here and here.