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China's SMIC plans to acquire the remaining 49% stake in its SMNC unit for ~$5.8B, making the unit wholly owned, per a Shanghai Stock Exchange filing (Reuters)

Reuters : China's SMIC plans to acquire the remaining 49% stake in its SMNC unit for ~$5.8B, making the unit wholly owned, per a Shan...

9 October 2023

Samsung and SK Hynix say the US will let them supply US chip equipment to their Chinese factories indefinitely without separate approvals (Joyce Lee/Reuters)

Joyce Lee / Reuters:
Samsung and SK Hynix say the US will let them supply US chip equipment to their Chinese factories indefinitely without separate approvals  —  Samsung Electronics (005930.KS) and SK Hynix (000660.KS) will be allowed to supply U.S. chip equipment to their China factories indefinitely without …

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