China stocking up on chips & high-tech equipment to negate US sanctions ...News

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China stocking up on chips & high-tech equipment to negate US sanctions
source : Russia Today ( News ) () 20
China is increasing imports of computer chips and equipment required to manufacture them in a bid to mitigate the impact of a US ban on high-tech exports, as Beijing’s semiconductor industry struggles to meet domestic demand. The Trump administration cracked down on China’s tech giants last year, trying to cut their access to advanced chips. One of the measures, which came into effect in September, required foreign manufacturers that use American chipmaking equipment to get permission before selling semiconductors to Huawei, while dozens of other Chinese firms faced export restrictions. Also on rt.com

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