China places curbs on chip material export, stumps suppliers - Newspaper
Trade war could potentially cause more disruption to global supply chains
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Trade war could potentially cause more disruption to global supply chains
China's recent decision to restrict exports of crucial metals used in semiconductors and electric vehicles has sent shockwaves through the industry, prompting companies to urgently secure supplies.
China’s new measures will require exporters to seek licenses and permissions to ship gallium and germanium products.
The fight between the U.S. and China for dominance of the semiconductor industry could come at great global cost and heightened investor risk.
China's commerce ministry stated that, starting from August 1, it would exercise control over the exports of eight gallium products and six germanium products, citing the need to safeguard national security and interests. Analysts interpret this move as a retaliatory response to Washington's increasing efforts to curb China's technological advancements.