Samsung gets one-year breather from US chip restrictions on China

Samsung gets one-year breather from US chip restrictions on China

FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea, March 23, 2018. REUTERS/Kim Hong-Ji

Samsung Electronics Co has been granted a oneyear exemption from new U.S. restrictions that block exports of advanced chips and related equipment to China, the Wall Street Journal reported on Thursday, citing people familiar with the matter.