US bans ‘advanced tech’ firms from building facilities in China for a decade
by Joanna Partridge from US news | The Guardian on (#63BF6)
Move comes as Biden administration outlines plans to boost domestic production of semiconductors
US technology firms that receive government funding will be banned from building advanced technology facilities" in China for a decade, the Biden administration has announced, as it outlined plans to increase domestic production of semiconductors.
The requirements come under the US government's near-$53bn (46bn) plan to scale up manufacturing of semiconductor chips - the brain" in every electronic device from cars to household appliances - which are predominantly produced in Asia.
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