BEIJING: Chinese companies should be wary of buying U.S. chips as they are “no longer safe” and buy locally instead, four of the country’s top industry associations said on Tuesday in a rare coordinated response to Washington’s curbs on Chinese chipmakers. The two nations have targeted each other’s economies in the last few days, escalating…
China’s chip ambitions are being tested again as fresh US sanctions, the third escalation in three years, hit more broadly across the semiconductor supply chain, industry insiders said. The US Commerce Department, which oversees export controls, added 140 Chinese chip-related organisations to a trade blacklist and placed additional restrictions on China’s access to semiconductor manufacturing…
The US will launch its third crackdown in three years on China’s semiconductor industry on Monday, restricting exports to 140 companies including chip equipment maker Naura Technology Group, among other moves, according to two people familiar with the matter. The effort to hobble Beijing’s chipmaking ambitions will also hit Chinese chip toolmakers Piotech and SiCarrier…