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The U.S. government has approved annual licences allowing Samsung Electronics and SK Hynix to ship chipmaking equipment to their factories in China in 2026, according to two people familiar with the matter. The move offers temporary relief to the South Korean firms amid tightening U.S. export controls. One source said Washington has introduced an annual […]
China is requiring chipmakers to use at least 50% domestically produced equipment when adding new manufacturing capacity, according to three people familiar with the matter, as Beijing intensifies efforts to build a self-sufficient semiconductor supply chain. The requirement is not publicly documented, but companies seeking government approval to build or expand fabrication plants have been […]
Amazon has decided to halt its plans to launch drone-based delivery services in Italy, citing regulatory and business challenges that undermine the project’s long-term viability. The company confirmed the decision on Sunday following a strategic review of its operations in the country. Amazon said that although it had made meaningful progress with Italian aerospace regulators, […]