After Losing $280 Billion, US and South Korean Chip Companies Want To Return To China Market #china

#china #chinanews #usa #southkorea #semiconductor #huawei #5g ✨✨✨✨✨✨✨✨✨✨✨✨ With the rapid rise of China’s semiconductor industry, many American companies have felt unprecedented competitive pressure. Therefore, since May 2019, the United States has officially announced sanctions on China’s semiconductor industry. However, after four years of semiconductor war, the United States and its many allies did not achieve complete victory. Instead, they lost the huge export market of China. As sanctions continue, some companies from the United States, South Korea and other countries, which have imposed sanctions on China’s semiconductor industry, are now suffering losses of more than US$280 billion. Now, many semiconductor companies are no longer willing to serve as a tool for the United States to put pressure on China, and have begun to continue exporting semiconductor products to China. Particularly worth mentioning is the Dutch lithography machine giant ASML, which announced that it will continue to export lithography machines to China. In addition to the Netherlands, some American and Korean companies also hope to re-enter the Chinese market. So why did these companies that had resolutely sanctioned China begin to change their attitude? Will China continue to import a large amount of their chips in the future? ----------------------------------------------