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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 1 year ago by L4s@lemmy.world 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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[–] CosmoNova@feddit.de 0 points 1 year ago

They act in their own interests, you make it sound like sanctions are the state of nature.

It is common practice in China itself. It is how they have dealt with pretty much everything so far. Why is it surprising the US follows suit?

I heard 3 generations behind which is about 5 years. They also used components from south korea against sanctions. It is not fully domestic and that should hardly be a surprise.