China is changing its strategy to support its semiconductor industry by providing easier access to subsidies to some companies. This comes amidst tight U.S. controls over chip-making equipment.
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Dutch officials are reportedly planning to implement new controls on exports of chipmaking equipment to China. This aligns Dutch trade rules with U.S. efforts to restrict China's access to chip tech.
Following the ban on 10nm-class chips, the U.S. Administration mulls prohibiting China's largest contract chip manufacturer, SMIC, from importing fabrication equipment for making 14nm-class chips.
The U.S. government added 77 more companies to the Entity List, banning the firms from trading with U.S. companies without a license, The firms include chipmaker SMIC and popular drone maker DJI.
At Huawei's annual analyst summit, the company's rotating chairman Guo Ping has hit back at the U.S. government for the export ban and said that the company's survival is at stake due to the move.