HomePoliticsChinese chipmakers assert resilience against fresh US export restrictions

Chinese chipmakers assert resilience against fresh US export restrictions

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Chinese chipmakers have vowed to speed up supply chain localisation and build equipment stockpiles in response to fresh US export restrictions, allowing them to continue production.

Chinese chip companies have vowed to speed up supply chain localisation and said they would be able to continue production thanks to recent efforts to build equipment stockpiles.

The latest curbs, the third U.S. crackdown on the Chinese sector in three years, focused on chipmaking equipment, software, and high-bandwidth memory. They restrict exports to 140 companies, including chip equipment maker Naura Technology Group and ACM Research.

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Chinese authorities called the move “economic coercion”.

The measures appeared to have little impact on chip-making stocks, which rose slightly on Tuesday as analysts said the curbs were less stringent than feared.

For the first nine months of this year, China’s imports of semiconductor equipment increased by a third to $24.12 billion, according to data from China Customs.

This was as close to the continuation of the status quo in terms of making things very difficult for manufacturers at the leading-edge but it’s not going to disrupt that progress any more than the existing regulations, said Jeff Koch, an analyst at research group SemiAnalysis.

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