Reported about 11 hours ago
China's commerce ministry announced an investigation into U.S. subsidies for the semiconductor industry, particularly focusing on mature node chips, which are utilized in simpler technologies like home appliances. The initiative arises from complaints within China's mature chip industry, asserting that U.S. subsidies have created an unfair competitive advantage and hurt domestic interests by allowing American firms to export these chips at lower prices. This investigation parallels recent U.S. actions concerning tariffs and inquiries into China's chip production practices.
Source: YAHOO