China could face more chip restrictions in 2024, analysts say
Publishing timestamp: 2024-01-18 01:54:41
Summary
The article discusses the possibility of further tightening of chip export controls on China. The US and Netherlands are considering imposing semiconductor export curbs on China to contain its chip technology. The US has already tightened export controls on advanced semiconductors and chipmaking tools to China, and the Netherlands has blocked Dutch semiconductor equipment maker ASML from exporting some of its deep ultraviolet lithography systems to China. China's imports of integrated circuits have already plunged amid US curbs. The article suggests that there may be more restrictions coming, as the US and other Western countries are concerned about China's military buildup. China has been forced to rely on its domestic industry to boost its chip-making capabilities.
Sentiment: NEGATIVE
Keywords: taiwan semiconductor manufacturing co ltd, business news, breaking news: technology, semiconductor manufacturing international corp, technology,
Source: https://www.cnbc.com/2024/01/18/china-could-face-more-chip-restrictions-in-2024-analysts-say.html