Workers are busy at a chip factory in Suqian, East China's Jiangsu Province in July 2021. Photo: cnsphoto
Bloomberg: China Gathers Semiconductor Firms for Talks After US Chip Sanctions
(Bloomberg) -- China’s top technology overseer convened a series of emergency meetings over the past week with leading semiconductor companies, seeking to assess the damage from the Biden administration’s sweeping chip restrictions and pledging support for the critical sector.
The Ministry of Industry and Information Technology has summoned executives from firms including Yangtze Memory Technologies Co. and supercomputer specialist Dawning Information Industry Co. into closed-door meetings since Washington unveiled measures to contain China’s technological ambitions.
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Update: China holds emergency talks with chip firms after U.S. curbs -Bloomberg News (Reuters)
WNU Editor: Chinese President Xi has vowed victory in this battle .... China’s Xi Vows Victory in Tech Battle After US Chip Curbs (Bloomberg).
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