Tech war: new US chip sanctions to deal fresh blow to China’s self-reliance push

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Tech war: new US chip sanctions to deal fresh blow to China’s self-reliance push - SCMP

Quick Summary:

The impact on the Chinese chip industry would be significant if major domestic suppliers are blacklisted, sources say.

The new sanctions are set to mark a major escalation in the US-China tech rivalry since October 2023, when the Biden administration tightened its export restrictions introduced in 2022 targeting the mainland’s semiconductor industry, citing concerns that advanced technology could be used to enhance Beijing’s military capabilities.

The US Commerce Department did not immediately respond to a request for comment on Wednesday.