Memory chipmaker confirms that it received an exemption on the new US restrictions. Samsung has yet to comment, but it is also tipped to get a reprieve for its operations in China.

US chip tool maker will cease offering some supplies and services from Wednesday to customers in China, a source revealed on Tuesday.

Chinese officials clearly disapproved of Starlink's rollout in Ukraine and 'sought assurances' that Musk would not sell access to the internet service in China, report said

John Lee said the city will take no action against a superyacht linked to a sanctioned Russian oligarch, which has been allowed to anchor in the harbour.

Huatai-PineBridge applied for an ETF to invest in top Korean chip firms such as Samsung and SK Hynix, as well as Chinese chipmakers like SMIC and Montage Technology

The chip export control moves could amount to the biggest shift in US policy toward shipping technology to China since the 1990s

China's chipmaking sector and many others dependent on advanced US tech are likely to be hit hard by export controls announced by Washington last Friday, the FT says.

China's semiconductor index fell more than 5% as chipmakers shed over $8bn in market value and tech giants dropped on Monday, after the US unveiled a raft of export control measures

The Biden administration has brought in new export controls, including cutting China off from certain semiconductor chips made with US tools

Thirteen Chinese firms have been added to a blacklist that bars US investment, including DJI Technology, Dahua Technology and BGI Genomics.

New US export restrictions will target China-based producers of DRAM chips, but Samsung and SK Hynix are likely to get more leeway from US regulators, sources say

US auditors continue to inspect the books of top Chinese companies listed in the US. PwC chairman Bob Moritz said: "We will continue to share the information that is allowable."