Industry group Semi said in a report that although China will become the world’s largest buyer of chip manufacturing equipment this year. Beijing will spend about $38 billion on chip tools, the highest in the world, but a 24% drop from the $50 billion spent last year. China’s estimated spending will account for one-third
The United States will launch a new round of chip restrictions on China's semiconductor industry, sources told Reuters, the third time in three years. About 140 companies will be hit by export restrictions on Monday, including chip equipment makers, two sources said Northern Huachuang Technology Group. Efforts to thwart Beijing's chipmaking ambitions will also