US curbs on China's microchip industry could throttle Xi Jinping's tech ambitions

US curbs on microchips could throttle China's ambitions and escalate the tech war

Invalid Date by CNN.com - RSS Channel - App Tech Section

Key Facts

  • How new legislation would help US semiconductor maker Hong Kong CNN Business — Chinese leader Xi Jinping’s push to “win the battle” in core technologies and bolster China’s position as a tech superpower could be severely undermined by Washington’s unprecedented steps to limit the sale of advanced chips and chip-making equipment to the country, analysts say.
  • Dong said the latest US sanctions will make it harder for China to advance in AI as well as 5G, given the role advanced chips play in both industries.
  • The ban could lead to a mass resignation of top executives and core research staff working at Chinese chip firms, which will hit the industry hard, Dong from Georgetown University said.
  • If these senior executives depart, “this will create a leadership and technological void within China’s chipmaking industry,” Dong said, as the country loses executives with years of chipmaking experience in an industry with “one of the most complex manufacturing processes known to mankind.”

Click To Read Full Article

WORK OF ART
PERSON
GEOGRAPHY
ORGANIZATION
PERCENT
GROUP
EVENT
MONEY
SPORT/MOTORSPORT/FORMULA-1
LOCATION
MISCELLANEOUS

This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.

Was this content valuable for you?