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China's top technology overseer convened a series of emergency meetings over the past week with leading semiconductor companies, seeking to assess the damage from the Biden administration's sweeping chip restrictions and pledging support for the critical sector.
Apple is dropping plans to buy NAND from Yangtze memory, reports the Nikkei. In September, US Senator Marco Rubio wrote to Tim Cook warning him not to
American suppliers are beginning to withdraw staff from one of China's leading chip companies in the wake of new U.S. regulations, a blow to Communist Party efforts to build a vibrant domestic technology industry.
YMTC loses access to spare parts and services from American and European chip toolmakers.
American suppliers are beginning to withdraw staff from one of China’s leading chip companies in the wake of new U.S. regulations, a blow to Communist Party efforts to build a vibrant domestic technology industry.