China spends big on Samsung, SK Hynix chips in first half amid US sanctions fears

China spends big on Samsung, SK Hynix chips in first half amid US sanctions fears

China significantly increased the import of South Korean chips in the first half of 2024, according to data from Samsung Electronics and SK Hynix, the two memory chip giants. Samsung reported an 82 per cent rise in revenue from China year on year to 32.35 trillion won (US$24.1 billion) in the first six months of … Read more