American suppliers are beginning to withdraw staff from one of China’s leading chip companies in the wake of new U.S. regulations, a blow to Communist Party efforts to build a vibrant domestic technology industry.
/ Staff writer, with CNAThe US government’s decision to impose new restrictions on the sale of semiconductors and chipmaking equipment to Chinese companies could hurt Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), along with the Chinese foundries of South Korean chipmakers, information advisory firm TrendForce Corp (集邦科技) said in a statement on Saturday.