By South China Morning Post | Created at 2025-03-17 04:01:26 | Updated at 2025-03-17 10:43:48
6 hours ago
Chip sales to the world’s second-largest economy including Hong Kong fell 31.8 per cent from a year earlier, according to South Korea’s Ministry of Trade, Industry and Energy.
That was bigger than the 22.5 per cent contraction reported for January and comes after a 2024 rally that helped fuel South Korea’s economic growth.
The Department of Commerce in December slapped fresh curbs on the sale of high-bandwidth memory chips to China, seeking to keep Beijing from advancing in the fields of artificial intelligence and other hi-tech fields.
SK Hynix and Samsung Electronics are two of the world’s biggest memory-chip makers and also operate semiconductor plants in China.
