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.

  • umbrella@lemmy.ml
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    1 year ago

    bigger profit margins*

    the potential for cheap mass produced goods was always there, the US had the manufacturing capacity to do it pretty easily themselves