Seoul Sees U.S. Extending China Export Waivers for Its Chipmakers

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Washington last year imposed a series of trade curbs on China that limited its access to advanced technology, including semiconductor manufacture and chipmaking machinery.

(Bloomberg) — South Korea expects Washington to extend a waiver on the shipment of advanced chipmaking equipment to China, allowing SK Hynix Inc. and Samsung Electronics Co. to get the gear they need to maintain operations in the world’s second-biggest economy.

A one-year waiver due to expire this October is expected to be extended “for a considerable period of time,” Korean Trade Minister Lee Chang-yang said Tuesday. Such a move will clear up a major uncertainty for Korean chipmakers concerned about the future of their biggest overseas manufacturing bases.