Jakarta –
China urgent Dutch not to impede bilateral cooperation in the semiconductor sector. This was conveyed by the Ministry of Commerce of China in a statement.
Quoted from Reuters, the two countries have communicated to discuss this matter. Last Friday, the Netherlands announced that it would close the export faucet for a number of semiconductor equipment or chips.
This is because of the push from the US to ban the supply of high-tech components to China.
Previously, China and the US had a heated relationship. China has banned US chip producer Micron Technology Inc from selling memory chip products to the country’s main Bamboo Curtain industry.
Micron said a ban on sales to Chinese companies could erode its revenues. The reason is that his party is working on many major infrastructure projects there.
“We are currently estimating a mixed impact in single-digit percentages of our total corporate revenue at the bottom and corporate revenue at the top,” said Micron chief financial officer Mark Murphy as quoted by CNN.
The Cyberspace Administration of China (CAC) said the company failed to pass a cybersecurity review. The news comes shortly after the closing of the G7 summit in Hiroshima, Japan, where the country’s leaders spoke with one voice on their growing concern for China.
“The review found that Micron’s products pose relatively serious cybersecurity risks, which pose a significant security risk to China’s critical infrastructure supply chain and will affect national security,” the Chinese regulator said.
(kilo/that)
2023-07-02 15:00:08
#China #Netherlands #Heat #Semiconductor #Export #Restrictions
