China industry bodies urge ‘caution’ in buying US chips in reprisal to Biden sanctions

China industry bodies urge ‘caution’ in buying US chips in reprisal to Biden sanctions

The four bodies – the Internet Society of China, the Chinese Association of Automobile Manufacturers, the China Semiconductor Industry Association and the China Association of Communication Enterprises – on Tuesday issued statements within minutes of each other, urging their members to be “cautious” about buying chips from American suppliers, following the Biden administration’s fresh sanctions. … Read more