Washington: The United States is set to impose a new rule on chipmakers requiring them to gain licenses to bring American semiconductor manufacturing equipment into China, a U.S. government notice showed Friday. This move is expected to affect South Korean chipmakers Samsung Electronics Co. and SK hynix Inc.
According to Yonhap News Agency, under the new policy, Washington will revoke authorizations granted to the chipmakers to receive such semiconductor equipment unless they obtain licenses, according to the Federal Register. Previously, the U.S. Commerce Department had given exceptions to such companies despite regulations on semiconductor equipment sales to China.
The new rule will not take effect for 120 days, according to the notice.