Samsung is struggling to keep up with smaller chip rival SK Hynix, while it’s also facing stiff smartphone competition from Apple and Huawei

China is scrambling to keep its technology ambitions on track amid rising trade tensions with the US and other western nations

The conglomerate will look at options from mergers to divestments as it seeks to manage its many subsidiaries and bloated main businesses weighing on its finances

The US has reportedly been pressing Seoul, since the second-half of 2023, to implement export curbs targeting chip supplies to China

The Korean outfit has a lead on rivals in developing the latest in high-end chips used in the fast-growing field of generative AI

The world's largest contract chipmaker, TSMC, was given a one-year waiver for its factory in Nanjing, China, but is now looking for an indefinite extension

The world's biggest maker of memory chips, smartphones and TVs is likely to see a third-quarter earnings plunge, according to forecasters

Samsung makes about 40% of its NAND flash chips at its plant in Xian, China, while SK Hynix makes about 40% of its DRAM chips in Wuxi

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

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 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

Samsung Electronics say a demand recovery is mostly in high-end AI chips and not enough to force a turnaround on planned cuts after a $7bn half-year loss