White House Urges Allied Countries to Stop Chip Trades with China as Huawei Sales Surge
The White House is reportedly urging allies to further restrict chip trades with China following the surge in Huawei's sales.
Stay updated with breaking news from Emiconductor. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The White House is reportedly urging allies to further restrict chip trades with China following the surge in Huawei's sales.
Dublin, April 26, 2024 (GLOBE NEWSWIRE) -- The
Chinese chipmakers have big incentives to develop alternatives to ASML machines they cannot buy under U.S.-led restrictions. These have become a headache for ASML since 2018, as Washington seeks to limit Beijing's ability to make its own advanced chips.
A news release from the federal government says the funding from both levels of government will help create 280 jobs in the region.
China’s status as a ‘near-peer competitor’ is driving efforts to limit access to key technologies such as semiconductors and counter its global influence.