U.S. grants Samsung and SK hynix 2026 licenses for chipmaking tool shipments to China — annual approvals replace dated waiver system

The U.S. has granted Samsung and SK hynix annual export licenses for chipmaking equipment shipments to their facilities in China throughout 2026, replacing the previous waiver system. This move comes just before the expiration of the old system, requiring stricter licensing for U.S.-controlled semiconductor tools sent to China. The new licenses are crucial for the South Korean companies as China plays a significant role in their memory production operations. The shift to yearly approvals introduces uncertainty for chipmakers, allowing the U.S. to adjust conditions based on trade and national security considerations. These approvals ensure the continued import of essential manufacturing equipment into China for both companies in 2026.