Chinese companies have stepped up purchases of materials needed to make chips and electronic products from U.S. suppliers ahead of the new year, fearing they may soon face tighter export restrictions, Nikkei
Chinese tech giants SMIC and Huawei have made significant progress in semiconductors in recent years, but U.S. sanctions mean they remain 10-15 years behind leading chipmakers such as Intel, TSMC and Samsung.
The U.S. Department of Defense on Tuesday removed a leading Chinese chip equipment maker from a list of Chinese companies the Pentagon said were suspected of cooperating with Beijing's military. The company