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US suspends export control of Samsung, SK in China for 1 year - Vimarsana News

US suspends export control of Samsung, SK in China for 1 year

Samsung Electronics and SK hynix earned one-year waivers from the United States for their chip-making factories in China to import semiconductor equipment without applying for permission from Washington, according to the companies and industry sources, Wednesday. As part of its countermeasures to prevent China from obtaining advanced chip technologies, the U.S. Department of Commerce announced a new export control measure that prohibits U.S.-based companies from exporting their semiconductor equipment to chip production companies in China.

Samsung, LG's earnings plunge due to economic slowdown - Vimarsana News

Samsung, LG's earnings plunge due to economic slowdown

Samsung Electronics and LG Electronics forecast their third quarter operating profit will be worse than expected due to the global economic downturn stoked by inflation, high interest rates and Russia's invasion of Ukraine, according to the companies Friday. Samsung, the world's largest memory chip maker, is expected to encounter severe hardships in its semiconductor business as orders for memory chips will continue to decrease until the first quarter of 2023 due to falling semiconductor prices and weak demand for IT devices that use its memory chips, according to analysts.

CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell June 4, 2024 18:09:00 - Vimarsana News

CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell June 4, 2024 18:09:00

Since i signed into law we've seen progress. just here in hudson valley, ibm is investing $20 billion over the next ten to design a semiconductor, mainframe technology and quantum computers. in syracuse, announcing 120 billion over 20 years to make special memory chips. don't have to explain to you what a memory chip is. the memory that store information, among other things. it will create 50,000 jobs and create an increase in america's share of the memory chips, increase it by 500%. that's the largest american investment of its kind, ever, ever, ever. and last month, i was outside columbus, o...

MSNBC Katy Tur Reports June 4, 2024 18:09:00 - Vimarsana News

MSNBC Katy Tur Reports June 4, 2024 18:09:00

America. since i signed it into law last summer, we've seen incredible progress. just here, ibm has invested 20 billion to design and manufacture semiconductors, maintain technology in quantum computers. in syracuse, a company, micron, announced it will invest 100 billion over the next 20 years, to build factories that make special memory chips. you don't have to explain to all of you what a memory chip is. those chips that store information on a smartphone among other things. it will create 50,000 jobs and create an increase in america's share of the chips, increase it by 500%. the largest am...

Tech war: China's top memory chip maker carefully treads path to semiconductor self-sufficiency as US ponders trade sanctions - Vimarsana News

Tech war: China's top memory chip maker carefully treads path to semiconductor self-sufficiency as US ponders trade sanctions

Yangtze Memory Technologies Co faces pressure amid reports that the US plans to ban sales of semiconductor-manufacturing gear to advanced memory chip makers in China.

Source: scmp.com