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Reuters
Analysis-US sanctions on Russia serve China a sharp reminder of need for its own chips
The sweeping restrictions imposed on Russia to block its access to global exports of goods from chips to computers and electronics are likely to accelerate China’s own push for self-reliance in the semiconductor industry, analysts said. Following Russia’s invasion of Ukraine on Thursday, Washington – as part of a package of measures – announced export restrictions which will force companies making high- and low-tech items overseas with U.S. tools to seek a licence from the United States before shipping to Russia. China, like Russia, lacks advanced chip manufacturing capacity but one of its top long-term policy goals is to establish independence and self-reliance in the semiconductor industry.
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Source : yahoo
