Samsung is undoubtedly one of the world’s largest technology companies. Its diverse product range sets it apart from competitors. The South Korean manufacturer produces smartphones, tablets, headphones, televisions, and robot vacuum cleaners. They also manufacture screens, batteries, and semiconductor chips.

This allows Samsung to sell products to both consumers and businesses like Apple. However, recent claims suggest Samsung is holding onto even old chip making equipment due to concerns about US sanctions. Here are the details…

Samsung Holds Back on Selling Old Tech, Citing US Sanction Worries

Tech companies often want to be sustainable and use resources wisely. So, they upgrade their production lines with new equipment. Instead of scrapping the old machines, they sell them. This helps them update their factories and make use of what they already own. However, companies like Samsung and SK Hynix have recently stopped selling old chip-making equipment, due to worries about trouble with the United States.

Samsung USA

The reason behind this decision is the concern that these components might somehow reach Russia and China, countries subject to US embargos. Although both companies are cautious, there are instances where their products have found their way into restricted markets. For instance, a few months ago, SK Hynix chips used in the Huawei Mate 60 series caused issues, prompting the company to issue a statement.

Certainly, there are no legal sanctions for products provided to the right sellers. However, as the presidential election approaches, producers seem hesitant to take any risks. This situation leads to unique problems; some producers spend millions just to store old machines. Additionally, manufacturers like Huawei could lag behind in competition if they cannot access modern technologies.

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