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HUA HONG SEMI Reportedly Faces Supply Cutoff of Semiconductor Equipment; CN MoFA Hopes US to Take Practical Actions to Safeguard Stability & Smooth Operation of Global Production/ Supply Chains
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Last week, the US had asked multiple chip equipment companies to stop shipments to HUA HONG SEMI (01347.HK), the second-largest chipmaker in mainland China, according to foreign media. At a regular press conference, Lin Jian, the spokesperson for the Ministry of Foreign Affairs of the PRC (MoFA), stressed that China has repeatedly stated its principled position on the issue of US chip exports to China, and hopes that the US will take practical actions to safeguard the stability and smooth operation of global production and supply chains. Auto-translated by AI AASTOCKS Financial News |
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