China must engage in a new 'long march' in the technology sector now that the U.S. has imposed export restrictions on Semiconductor Manufacturing International Corp , the country's largest chip manufacturer, Chinese state-backed tabloid the Global Times wrote on...
FILE PHOTO: Chinese and U.S. flags flutter near the Bund in Shanghai, China July 30, 2019. REUTERS/Aly Song/File Photo
, the country's largest chip manufacturer, Chinese state-backed tabloid the Global Times wrote on Sunday.argues that the U.S' dominance of the global semiconductor industry supply chain is a"fundamental threat" to China. On Saturday, Reuters reported that the U.S. had sent letters to companies informing them that they must obtain a license to supply SMIC.
The restrictions against SMIC, and earlier ones against Huawei Technologies Co Ltd [HWT.UL], the op-ed author argues, illustrate that the U.S is leading a protracted battle of “high-tech suppression” against China.and Beijing ByteDance Co Ltd have made some tech breakthroughs, they are based on U.S. chip technology, the op-ed argues.
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