Samsung, SK Hynix get indefinite waivers on U.S. chip equipment

News Snapshot:

Samsung Electronics Co. 4GB Double-Data-Rate (DDR) 3 memory module, top, and 8GB DDR 3 memory modules are arranged for a photograph in Seoul, South Korea, on Tuesday, July 9, 2019. South Korean chip giants Samsung and SK Hynix will be allowed to ship U.S. semiconductor manufacturing equipment to their China factories indefinitely without separate U.S. approvals, South Korea's Yonhap News Agency reported on Monday. The U.S. government has already notified the two companies of its decision which takes effect immediately, Choi Sang-mok, Seoul's senior presidential secretary for economic affairs, told reporters on Monday. Previously, Samsung Electronics and SK Hynix obtained...