The legislation — passed by both Senate and House of Representatives — was headed to US President Joe Biden's desk for signing.
Chipmaker Kioxia says it suspected "contamination of materials used in the manufacturing processes", leading to operations at the plants being partially suspended.
German carmaker giant Mercedes CEO warns against a possible delay in delivering orders of new cars for at least a year due to global chip shortages.
The pandemic has altered people’s habits, causing a surge in demand for home electronic devices. This has swept the global chip supply and disrupted automobile manufacturing.
The US Commerce Department said it was amending an export rule to "strategically target Huawei's acquisition of semiconductors that are the direct product of certain US software and technology."
The companies said Samsung will use Xilinx’s “Versal” computing chips, which will help with a technology called beamforming that lets 5G gear handle more wireless data than previous generations of networks.
The world's biggest memory chip and smartphone maker posted the profit despite the fact that its de facto leader was jailed for bribery and having faced a recall of its flagship Galaxy Note 7 device.
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