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China’s top chipmaker may be in hot water as US lawmakers call for further sanctions after Huawei ‘breakthrough’ (www.cnn.com)

submitted 1 year ago by [email protected] to c/[email protected]

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China’s top chipmaker may be in hot water as US lawmakers call for further sanctions after Huawei ‘breakthrough’::Shares in SMIC, China’s largest contract chipmaker, plunged on Thursday, after two US congressmen called on the White House to further restrict export sales to the company.

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[–] [email protected] 3 points 1 year ago

US and 'allies' still have the edge. They can still stay ahead of China who they have made an independant competitor for some reason. Hopefully high spec phone prices come down.