SK Hynix secures one-year waiver from U.S. govt on chip equipment for its facilities in China

The logo of SK Hynix is seen at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong-Ji

SEOUL, Oct 12 (Reuters) - South Korea's SK Hynix Inc (000660.KS) said on Wednesday it has received authorization from the U.S. Department of Commerce to receive chip equipment needed for its chip production facilities in China for one year, without seeking additional licensing requirements.

Reporting by Heekyong Yang and Jane Lanhee Lee; Editing by Kim Coghill

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