By Reuters | Updated: March 12, 2024
March 12 (Reuters) – Chipmakers Samsung Electronics (005930.KS), opens new tab and South Korea’s SK Hynix Inc(000660.KS), opens new tab have stopped selling used chipmaking equipment for fear of falling foul of U.S. export controls on China and western sanctions on Russia, the Financial Times reported on Tuesday.
The companies have been storing used machines in warehouses instead of putting them on the secondary market, the report added, citing traders.
(This story has been refiled to change the dateline)
© Thomson Reuters 2024
