Chinese Chip Companies Prepare for US Export Restrictions

Reported 1 day ago

Chinese chip firms, facing new US export controls, are confident in their ability to continue production and localize supply chains. Despite restrictions on 140 companies targeting key manufacturing equipment and technology, several companies assert that they have stocked up on resources and will begin domestic substitutions. Analysts suggest that while these curbs may reduce capital expenditure in the Chinese semiconductor industry, they are less severe than anticipated, allowing firms to adapt and continue operations.

Source: YAHOO

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