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Oct 14, 2022

New US restrictions put China’s technology future in jeopardy

Posted by in category: futurism

‎ The U.S. move to protect the semiconductor industry continues apace. This Tuesday, the Commerce Department ordered a ban on selling high-tech equipment to large Chinese semiconductor companies such as Yangtze River Storage, Changxin Storage, SMIC, and others. In addition, foreign residents in the United States will not be allowed to work for Chinese companies without special permission. Experts and analysts said these measures could severely damage China’s semiconductor industry.

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