Samsung wins US annual approval on chipmaking tool shipments to China, source says

Samsung Electronics has received an ⁠annual licence from the U.S. government to ‌bring ‌in chip manufacturing equipment ‌to its facilities in China for 2026, a person familiar with the matter said.

The approval ‌is ‍a temporary ‍relief for the South Korean ‌firm and follows a U.S. decision earlier this year to revoke licence waivers ‍given to some tech companies.

The ‍source ⁠said ⁠that Washington introduced the annual approval system for exports of chipmaking tools to China.