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China slaps export curbs on chipmaking metals in tech war warning to U.S, Europe - TL;DR CNBC

China slaps export curbs on chipmaking metals in tech war warning to U.S, Europe

Publishing timestamp: 2023-07-04 03:45:06


Summary

China is restricting exports of gallium and germanium compounds, key metals for semiconductor manufacturing, as part of the escalating technological trade war. The move is seen as a warning to the U.S. and Europe, but its impact on global supply is expected to be limited. Chinese germanium producers' shares surged in anticipation of rising prices, while South Korea and Taiwan officials downplayed the short-term impact.


Sentiment: MIXED

Tickers: 497-SZ4185.T-JP

Keywords: technologybusiness newschinaasia economyunited stateselectionsu.s. economybreaking news: technology

Source: https://www.cnbc.com/2023/07/04/china-imposes-export-curbs-on-chipmaking-metals-in-tech-war-with-the-us.html


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