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China’s top chipmaker may be in hot water as US lawmakers call for further sanctions after Huawei ‘breakthrough’ (www.cnn.com)
submitted 3 years ago by [M, B] to c/technology@lemmy.world
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China’s top chipmaker may be in hot water as US lawmakers call for further sanctions after Huawei ‘breakthrough’::Shares in SMIC, China’s largest contract chipmaker, plunged on Thursday, after two US congressmen called on the White House to further restrict export sales to the company.

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[–] 0 points 3 years ago (1 child)

They moved our jobs and production, and for what? Cheaper trinkets and widgets?

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