China Chip Industry Group Urges U.S. to Halt More Restrictions on Trade
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A leading Chinese semiconductor industry group has urged the U.S. to refrain from imposing more restrictions on chip sales to China, warning of negative consequences for the global supply chain for microchips, which are used in everything from cars to laptops, and the consumers who use them.
The semiconductor industry has benefited from regional specialization and international collaboration between major countries, becoming a model of globalization, the China Semiconductor Industry Association (CISA) said in a statement Wednesday.
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