New Export Controls Wreck Havoc on China’s Chip Industry

MiniThe US Commerce Department had, on October 7, unveiled sweeping regulations that limit the sale of semiconductors and chip-making equipment to Chinese customers, striking at the foundation of the country’s efforts to build its own chip industry. China’s semiconductor industry association said that the US export restrictions are arbitrary and are creating disruption for the industry. The Chinese semiconductor association has urged the US government to reverse the wrongdoings.The US Com …