China’s chips are off the table US considering Huawei sanctions over secretive chip network

News Snapshot:

The US is considering sanctioning a number of countries linked to Huawei semiconductor manufacturing, after the Shenzhen based tech giant made a significant breakthrough. The US has been investing billions of dollars to secure domestic production of semiconductors, over concern of potential espionage and sabotage conducted by China on companies based in Taiwan, which is home to over 60% of the world's semiconductor production. This latest move by the US government, reported by Bloomberg, appears to be a step up in efforts to restrict China’s capacity to manufacture and export domestically produced chips, with Beijing succeeding in producing highly complex...