China’s Chip Makers Feel Bite of Export Controls

China’s Chip Makers Feel Bite of Export Controls

Chinese semiconductor makers are feeling the bite of U.S. chip export controls as flocks of foreign nationals depart the country as the industry asses the situation. According to a report on this morning’s Financial Times ASML has told its US staff to “stop serving all Chinese customers while it assesses the sanctions. US citizens or entities must seek permission from the Department of Commerce to continue providing support to fabrication plants, or fabs.”

This dislocation is certain to set back China’s chip making operations – especially its intent to become a world leader in the design and manufacturing of the most complex semiconductors. China’s chip industry relies heavily on American engineers and scientists’ expertise to advance its technology ambitions.

According to the corporate records in China show Americans dot the top ranks of leading Chinese semiconductor manufacturers and suppliers. Wayne Dai sits atop VeriSilicon. Chonghe Yang leads memory chip designer Montage Technology.

Read More @ The Financial Times:

China’s YMTC asks for US staff to leave due to chip export controls


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