New US restrictions against China’s chip industry – Mehr News Agency | RCO News Agency

According to RCO News Agency, quoted by Reuters, the United States is imposing a new round of restrictions against Chinese companies active in the field of chip manufacturing.

The US government will impose new restrictions on the chip and semiconductor sector in China starting Monday.

According to reports, these US restrictive measures affect 140 Chinese companies active in this field. The new action of the US government imposes new restrictions on exports to these Chinese companies.

There will also be restrictions against some chip-making equipment made in countries such as Singapore and Malaysia.

The U.S. actions, aimed at hurting China’s growing chip industry, seek to block shipments of advanced memory chips by imposing restrictions against leading Chinese companies.