SHANGHAI ¨C The sweeping restrictions imposed on Russia to block its access to global exports of goods from chips to computers and electronics are likely to accelerate China¡¯s own push for self-reliance in the semiconductor industry, analysts said.
Following Russia¡¯s invasion of Ukraine on Thursday, Washington ¡ª as part of a package of measures ¡ª announced export restrictions which will force companies making high- and low-tech items overseas with U.S. tools to seek a license from the government before shipping to Russia.
China, like Russia, lacks advanced chip manufacturing capacity but one of its top long-term policy goals is to establish independence and self-reliance in the semiconductor industry.
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