The semiconductor industry is facing a 'profound' threat from geopolitics, according to the president of industry association SEMI China, Lung Chu.
The semiconductor sector is already seeing a slowdown in the midst of challenges such as inventory issues, slowing demand for smart devices and falling memory chip prices. Now, the tensions between the U.S. and China threaten to worsen the situation.
"The geopolitical risk is a major uncertainty," says Lung Chu of SEMI China, an industry association. In the long run, this could wind up benefiting non-U.S. companies if they don't comply with Washington's restrictions, Chu said. Integrated circuits on a circuit board. The semiconductor industry has been in focus during the U.S.-China trade war.The semiconductor industry is facing a "profound" threat from geopolitics, according to the president of industry association SEMI China, Lung Chu.
The sector is already seeing a slowdown in the midst of challenges such as inventory issues, slowing demand for smart devices and falling memory chip prices. Now, the tensions between the U.S. and China threaten to worsen the situation.He said the technology control as well as export restrictions on Chinese tech giant Huawei "could have a more profound impact to the industry, fundamentally changing even the global supply chain.
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