Free Trial

China Won't Let Chipmakers Hurt Its Interest for US Pressure: Times

CHINA PRESS
MNI (Singapore)

China will not allow global chipmakers to violate Chinese laws and regulations, whether forced or not, which may put Chinese technology companies at risk, the Global Times said in an editorial in response to reports that South Korean chipmakers may be the latest yielding to U.S. requests for sensitive business for boosting supply-chain transparency, which the government-run newspaper said is a disguise. U.S. access to sensitive data, which may seriously harm the interests of Chinese semiconductor-related industries, is a red flag for relevant firms to become more vigilant, the newspaper warned. China is the largest semiconductor market with significant chip application manufacturing capacity, so China should use its large size and manufacturing strength to gain more strategic initiative in the semiconductor supply chain by better organizing and coordinating downstream markets and manufacturing activities, the newspaper said.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.