Latest Headlines: 10 years of no advanced tech in China! #shorts #news

Latest Headlines: 10 years of no advanced tech in China! #shorts #news

The US government announced technology companies that receive federal funding will be barred from building "advanced technology" facilities in China for 10 years. The guidelines were unveiled as part of a $50-billion plan aimed at building up local semiconductor industry. "Companies who receive...money can only expand mature node factories in China to serve...Chinese market," the White House said.

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#semiconductors #China #US #government #technology #companies

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