The extension would mark an end to business uncertainty for South Korea’s Samsung Electronics and SK Hynix who have invested billions in their chip fabs in China

The announcement came after customs data showed China had completely blocked its exports of germanium and gallium products in August

Top South Korean chipmakers Samsung and SK Hynix currently have permits to import US chip-making equipment into China, where they have extensive production facilities

The Taiwanese chip giant is considering setting up a second fab in Japan, and adding capacity to an $8.6 billion plant already under construction in the country

The chief of one of the world’s biggest chip equipment-makers, ASML, said isolating China completely will ‘force’ the country to ramp up innovation

State media said the investment was a clear sign of Beijing's push to end the country's reliance on foreign semiconductor firms

The development follows sanctions-hit Huawei's success in building an advanced 7-nanometer processor, in collaboration with state-backed SMIC

US unions have called on lawmakers not to grant visas to Taiwanese workers TSMC wants to bring in to get their Arizona plant back on track

SMEE, China’s only potential competitor to the Netherlands' world-leading lithography machine maker ASML, is expected to deliver the country's first 28nm lithography machine

The 500,000-square-foot campus, set to be built in the tech hub of Bengaluru, will be the US chipmaker's largest in the world

The unprecedented oversupply of commodity chips has lingered since last year, and added to woes of an industry that was battling a Covid-induced shortage until the first half of 2022

Passed by an overwhelming majority in the senate, the bill will need the backing of the US House of Representatives and President Joe Biden before it can become law