It was previously learned that US companies supplying chip manufacturing equipment have suspended sales and services to Chinese manufacturers due to US export restrictions. How he wrote Financial Times, including Lam Research, Applied Materials, and KLA Corporation. The American producers, according to the publication, have suspended deliveries to both plants already in operation and plants under construction.
This latest move in the US-China trade war would be a huge economic blow to China, an aerospace chip engineer told The Insider.
“The implications are still not very clear, because they concern not only ASML, but also all the other major equipment suppliers and, above all, people with US citizenship. In the worst case scenario, the Chinese semiconductor industry will be many years backward and, after such an economic blow, China will take serious revenge on the United States. But in any case, we are talking about a huge economic loss for China. “
In early October, US President Joe Biden’s administration imposed restrictions on the supply of semiconductors and microcircuit manufacturing equipment to China. The export of products manufactured using American technologies for the production of artificial intelligence calculations is possible only with a special license issued by the US authorities. Under the same conditions, the cooperation of US citizens with Chinese chip makers is limited.
In addition, all US individuals and entities must obtain approval from the Commerce Department to provide support to Chinese factories.
Experts compare the sanctions adopted with the Donald Trump administration’s attack on Huawei in 2019. However, if Trump’s actions were targeted, then the Biden administration is trying to build a coherent export policy, which will affect already dozens of Chinese companies.
According to experts interviewed by the FT, the new US measures could bring Chinese companies back to the stone age.
