- October 27, 2023
- Posted by: admin
- Category: Daily News
- The U.S. is indefinitely extending export waivers allowing South Korean and Taiwanese chipmakers to supply Chinese facilities with American technology as it takes a longer-term view on decoupling supply chains from China.
- The waiver was initially supposed to expire this October, a year after the U.S. restricted exports of advanced semiconductor technology and equipment to China. But concerns that the curbs could significantly disrupt the industry are leading Washington to consider a slower phaseout of around five years.
- The U.S. is intent on staying ahead in its chip technology race with China. But it is taking a more gradual approach amid concerns that a rushed decoupling would ultimately hurt American interests.
- Both the public and private sectors are looking at a roughly five-year timeline.