Major Taiwanese chip firm exits mainland China, blames geopolitics
King Yuan Electronics Co, a major testing and packaging firm, said semiconductor manufacturing in China has changed citing U.S. restrictions.
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King Yuan Electronics Co, a major testing and packaging firm, said semiconductor manufacturing in China has changed citing U.S. restrictions.
King Yuan Electronics Co, one of the world’s largest chip testing and packaging services firms, has divested its entire stake in a subsidiary at manufacturing hub Suzhou in eastern China.
King Yuan sells off its China subsidiary due to geopolitics, U.S. sanctions against China, rising competition, and ability to earn more in Taiwan.
Bringing Taiwan to the World and the World to Taiwan
Shanghai (AFP) Mar 26, 2024 - Support Chinese chips, join the enterprise of the century read an upbeat slogan at a recent semiconductor industry fair in Shanghai, where the mood was defiant despite the intense pressure placed on the sector by geopolitical tensions.