Tag: shock

Chinese chip giant SMIC ‘in shock’ after US trade ban threat

By Leo KelionTechnology desk editor image copyrightGetty Images/SMIC China’s largest chip manufacturer’s stock sank after the US revealed it could be its next trade ban target. Semiconductor Manufacturing International Corporation (SMIC) said it was “in complete shock and perplexity” after the Pentagon revealed it had proposed the firm be added to a government blacklist. This would restrict suppliers from providing… Read more →

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