US chip war could hurt the West as Beijing moves to ramp up its own industry
The US battle to halt China's growing semiconductor industry is having an effect, but risks hurting Western industries as well. Meanwhile, China is fighting back with new investments aimed at making its own industries more self-sufficient., were supposedly aimed at preventing the most advanced cutting-edge technologies from falling into the hands of China's military.
A similar effect has already been seen in the telecoms industry, where countries such as the UK have stopped using The new US export restrictions already appear to be hitting China, with the country's semiconductor importsAccording to the FT, the biggest issue facing China is likely to be the equipment needed to manufacture advanced semiconductors using the latest cutting-edge production nodes, typically those below 14nm but especially the newer nodes such as the 5nm and 3nm technology now coming online.
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