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The United States Department of Commerce has revoked the Verified End-User (VEU) authorization for Samsung, SK Hynix, and Intel's operations in China. This policy change will come into effect 120 days following the announcement. China firmly opposes this measure, arguing that it will undermine the stability of the global semiconductor industry chain and supply chain. China urges the US to rectify its flawed approach and will implement measures to protect the legitimate rights and interests of domestic enterprises. Industry analysts suggest that the revocation of VEU status could pose significant challenges to the semiconductor production capabilities of these three companies' factories in China, potentially opening up market opportunities for domestic storage manufacturers.
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