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Us China Trade Dispute

All articles tagged with #us china trade dispute

business3 years ago

US-China Chip War Escalates with Micron Ban and CXMT Demands.

The chair of the US House of Representatives' committee on China has called for trade curbs on Chinese memory chip maker Changxin Memory Technologies (CXMT) after Beijing banned the sale of some chips by US-based Micron Technology. Representative Mike Gallagher has urged the US Commerce Department to add CXMT to the entity list and ensure no US technology goes to CXMT, YMTC or other PRC firms operating in this industry. CXMT is China's leading maker of DRAM memory chips and the domestic competitor most likely to benefit if Micron is barred from China's massive chip market.