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October 18, 2022 at 7:14 pm

China’s Semiconductor Industry Rocked by U.S. Export Controls…

Semiconductor_Chip
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by Andrew Backhouse at News.com.au

China’s semiconductor industry has been rocked by the mass resignation of American workers after new restrictions were announced by US President Joe Biden’s administration.

The export controls, which the US said was needed to “protect US national security and foreign policy interests”, restrict the ability of China to “purchase and manufacture certain high-end chips used in military applications”.

The restrictions ban the export of US semiconductor equipment that cannot be provided by any foreign competitor. There’s also a licence requirement for the export of American tools or components to China-based fabrication plants.

And critically, any US citizen or entity is required to seek permission from the US Department of Commerce before providing support to Chinese plants…

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