Carmakers can’t buy the semiconductors they need because home electronics are taking all the supply.
Beijing’s drive to free itself from reliance on imported semiconductors has lifted start-ups and big firms alike. Some have flamed out. But there has been progress.
The island’s biggest chip maker has been a coveted partner to both battling giants. But rising nationalism is making it harder to keep the middle ground.
The export controls follow a review in which the United States concluded that Semiconductor Manufacturing International Corporation may be supplying chips to the Chinese military.