SK Hynix, Samsung fall as U.S. makes it harder to produce chips in China (SSNLF:Pink Limited Info)

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2 months ago

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Shares of SK Hynix (OTCPK:HXSCF) and Samsung Electronics (OTCPK:SSNLF) fell on Monday after Washington revoked their authorizations to obtain U.S. semiconductor equipment for operations in China.

The move is set to go into effect in 120 days.

The U.S. Commerce Department