Business
US suppliers stop working at China’s top memory chip maker
Beijing-U.S. chip equipment suppliers are pulling staff from China’s top memory chip maker and suspending business there, according to people familiar with the matter. as they rush to assess the impact of the Commerce Department’s semiconductors. export restrictions.
State-owned memory technology company Yangtze is facing a support freeze from key suppliers including KLA and Lam Nghien said the people. The suspension came last week as the US imposed restrictive measures on China’s chip sector, ostensibly to prevent US technology from elevating China’s military power, despite the impact. deeper access to the industry.