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China has blocked many of Taiwan’s exports in retaliation for U.S. House Speaker Nancy Pelosi’s visit to Taiwan on August 2, but certain goods including semiconductors and high-tech products have been spared because of China’s reliance on those products from Taiwan, experts say. “It is unlikely that Beijing will take serious trade actions against electronic…
US president Joe bidden has signed CHIPS and Science Act, involving US$ 280 Billion package which includes US$ 52 billion in funding for semiconductor manufacturing incentives and research investments, as well as an investment tax credit.
Despite its belligerence, China is wary of losing chip supplies from Taiwan
If the US government's reported move to tighten restrictions on China's access to chipmaking equipment pans out, it will further disrupt the global semiconductor supply chains and harm the interests of US companies such as Lam Research Corp, experts said.
The U.S. Government is looking to weaken China's ability to grow in the semiconductor industry by banning exports of tools used to make logic chips smaller than 14nm.