California-based supplier of chipmaking technology says export restrictions will would result in a net sales loss of $250 million to $550m in the current and next quarters.

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.

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

New US restrictions on computer chips and chipmaking equipment to China could hurt Chinese foundries set up by South Korean chipmakers, a report says

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

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

Huawei will likely avoid using sanctioned advanced chips and use less advanced alternatives from Chinese companies, the FT said

China has ditched recognition of the median line in the Taiwan Strait, while Taiwan keeps a monthly record of key supplies like food and energy in case of conflict with China, officials said Wednesday