In a statement from the Bureau of Industry and Security (BIS) of the U.S. Department of Commerce, it was recalled that in 2023, during the term of former U.S. President Joe Biden, a group of foreign chip manufacturers were allowed to export most U.S.-origin goods, software, and technology to China for semiconductor production without a license.
The statement noted that the loophole allowing these companies to export semiconductor production equipment and technology to China without a license has been closed, meaning Samsung and SK Hynix will now need to obtain a license to export their technologies.
The statement emphasized that no U.S.-owned factory had this privilege and that today's decision will place the companies on an equal footing with their competitors.
It was pointed out that the companies have 120 days until the expiration of their exemption period, during which they must apply for an export license.
The statement added that BIS plans to accept export license applications to allow these companies to operate their existing factories in China, but licenses will not be granted to expand the capacity or upgrade the technology of the factories in China.
BIS Undersecretary Jeffrey Kessler commented on the matter, stating, "The Trump administration is determined to close the loopholes in export controls, particularly those that put U.S. companies at a competitive disadvantage."
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