11 October 2022, 6:34 pm. 1 minute
Reuters exclusively reported U.S. chip toolmaker KLA Corp will cease offering some supplies and services to China-based customers including South Korea’s SK Hynix in compliance with recent U.S. regulations. The move underscores huge business headwinds facing chipmakers and chip equipment makers around the world, as the Biden administration published a sweeping set of export controls on Friday aimed at slowing China’s progress in advanced chip manufacturing.
Topics of Interest: Technology
Type: Reuters Best
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story