Type to search

China’s Chip Industry Faces Deep Pain From US Curbs – FT

China’s chipmaking sector and many others dependent on advanced US tech are likely to be hit hard by export controls announced by Washington last Friday, the FT says.


China’s chipmakers are “going back to the Stone Age” and “there will be many losers”, especially Chinese companies that use US-hardware for AI algorithms for autonomous vehicles and logistics, medical imaging and research centres for drug discovery and climate change modelling, according to analysts quoted in a report by the Financial Times, which said controls imposed by Washington last Friday on computer chips made with US tech for use in artificial intelligence and high-performance computing meant that export licences would be very difficult to obtain.

A severe impact was also tipped from Washington’s bid to bar US citizens from supporting Chinese chip companies because most of the estimated 200 “Chinese and Taiwanese returnees” would not be willing to give up their US passports, the report said, adding that AI startups could lose their innovation dynamic, while foreign suppliers such as Lam Research will supplies China’s largest memory chipmaker, Yangtze Memory Technologies, and Intel could also be hit, although the latter, TSMC and Japan’s Kioxia might benefit. The main concern was that China might reverse engineer chip machinery to boost local companies, it said.

Read the full report: The FT.




China Warns US Chip Tech Export Curbs Will ‘Backfire’


The China Tech Giants Chasing $8 Trillion of Metaverse Gold


China Drone Maker, Genomics Firm, Others Added to US Blacklist


US Orders Nvidia to Stop Sale of Advanced Chips to China

Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years.


AF China Bond