South Korean firms get indefinite waiver on US chip gear supplies to China
Samsung Electronics and SK Hynix will be allowed to supply US chip equipment to their China factories indefinitely without separate US approvals, South Korea's presidential office and the companies said on Monday.
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New EV battery plant fuels labor tensions as UAW strike looms
Stellantis and Samsung SDI announced plans Monday for another EV battery plant joint venture to open in 2027. But the announcement could make it more difficult to avoid a strike at Stellantis' existing US plants this fall.
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