The U.S. is expected to indefinitely extend a waiver granted to South Korean chipmakers Samsung Electronics and SK Hynix on needing licenses to bring U.S. chip equipment into China, Yonhap news agency reported on Wednesday.
The U.S. Commerce Department has discussed details with the South Korean chipmakers on which equipment could be used in China, said Yonhap, citing unnamed sources, adding that the U.S. would make related announcements as early as this week.
Obviously, this is good news for the global semiconductor industry and mainly for China! The Chip Act is inefficient in a diversified and specialized supply chain. The SIA warned, few days ago, against the current Biden administration policy. CEOs of ASML and NVIDIA cautioned against the potential new technology that China could create to overturn the effect of the current US policy.
Few days ago, SCMP reported that China plans to build a giant chip factory driven by particle accelerator!
- Scientists said this unprecedented technology can overstep US sanctions and make China a new leader in the semiconductor chip industry
- Plans are now in progress to construct a huge particle accelerator to help researchers put into practice the cutting-edge technology