Business & Finance

Reuters was first to report details of the new export curbs the Biden administration plans to impose on China’s burgeoning memory chip industry, part of a broader effort to hobble Beijing’s technological ambitions and military advances. The details included news that foreign memory chip makers with operations in China – South Korea’s SK Hynix and Samsung – would be spared the brunt of the crackdown. The news capped off a number of prior developments on the story in recent months found here, here and here.

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Equities

Regions: Asia

Countries: ChinaSouth KoreaUS

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story

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