US, South Korea Gov'ts Worked 'Closely' on Renewed Chip Waivers, SK Hynix Says

A spokesperson for South Korean semiconductor company SK Hynix said the company welcomed the recent U.S. decision to allow the firm to continue supplying its China factories with certain chipmaking tools (see 2310100051). In an Oct. 10 email, the spokesperson confirmed that SK Hynix received a “waiver with regard to the export control regulations” and said the company “greatly appreciate[d]” the South Korean and U.S. governments “for working closely with the companies through close communication and consultation until the decision is reached.”

Waivers were also reportedly granted for Samsung and potentially other companies subject to the expanded license requirements included under the Commerce Department’s Oct. 7 chip rule (see 2302240008).

“SK Hynix will continue to abide by regulations and laws in the jurisdictions in which it does business and do its part for the development of the semiconductor industry,” the spokesperson said.