China retaliates in chipmaking war with the West ...News

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China retaliates in chipmaking war with the West
Beijing has responded to curbs imposed by the US and its allies by restricting exports of key rare metals China has pushed back against the US-led efforts to block advances in its chipmaking industry, slapping restrictions on exports of key raw materials that its Western rivals need for producing semiconductors. The new export controls, announced on Monday by the Chinese Commerce Ministry, will go into effect on August 1 and apply to gallium and germanium – rare metals used in making computer chips and a variety of other products, such as solar panels and advanced radar equipment. Exporters will need “special perm

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