CXMT

Analysis: China faces its “Sputnik” moment as US export curbs deal a blow to its chip ambitions

U.S. export restrictions on chip equipment to China are likely to lead to its "Sputnik" moment, prompting Chinese chipmakers to…

3 years ago

China tech shares sink as U.S. export curbs raise chip sector hurdles

Shares in Chinese tech giants Alibaba Group (9988.HK) and Tencent (0700.HK) as well as in chipmakers slumped on Monday, as investors were spooked by…

3 years ago

Exclusive: Samsung, SK Hynix to be spared brunt of China chip crackdown by U.S.

The Biden administration plans to spare SK Hynix and Samsung from the brunt of new restrictions on memory chipmakers in China aimed…

3 years ago