China Holds Emergency Talks Over U.S. Semiconductor Sector Crackdown

Posted on

China’s Ministry of Trade and Data Expertise (MIIT) has held talks with the nation’s semiconductor and supercomputer corporations in a bid to evaluate the influence of sweeping U.S. sanctions in opposition to Chinese language high-tech trade which got here into impact final Tuesday. The federal government vows to financially help affected corporations, however with out plans on the way to alleviate the results of sanctions that bar choose Chinese language corporations from U.S. applied sciences. 

Officers from the MIIT summoned executives from varied semiconductor and supercomputer corporations, together with 3D NAND reminiscence maker Yangtze Reminiscence Applied sciences Co. and supercomputer maker Dawning Data Trade Co. higher referred to as Sugon, to debate the influence of American sanctions in opposition to China’s chip and supercomputer sectors, studies Bloomberg

Supply hyperlink

Leave a Reply

Your email address will not be published. Required fields are marked *