Chipmakers Caught in Controls: Samsung and SK Hynix Shares Slide
Shares of South Korea’s two leading chipmakers, Samsung Electronics and SK Hynix, fell on Monday following new U.S. export controls. The decline came after Washington revoked approvals for importing American semiconductor equipment for their factories in China, Reuters reported.
According to the report, SK Hynix’s shares dropped by 4.8 percent, while Samsung’s fell by 3 percent. Analysts noted that 30–40 percent of SK Hynix’s DRAM and NAND chips are manufactured in China, whereas nearly one-third of Samsung’s NAND chips are produced there.
SK Hynix stated that it will maintain close communication with the governments of the United States and South Korea to mitigate the impact.
Samsung declined to comment, though its Vice Chairman Jun Young-hyun remarked in March that “Chinese factories are crucial for global chip supply.”
