ICS Translations

The United States recently reached an agreement with Japan and the Netherlands to limit the export of equipment needed to manufacture advanced semiconductors to China. After the news came out, the stock prices of global semiconductor-related companies fluctuated to varying degrees. Taiwan’s Liberty Times newspaper believes that the agreement reached by the United States, the Netherlands, and Japan is equivalent to “nuclear bomb-level sanctions” on the semiconductor industry in mainland China. “We fully agree with the strategy of depriving China of the most advanced chips, we cannot allow China to obtain the most advanced technology. There is a very strong alignment between the EU and the US on restricting China's access to technologies such as microchips, quantum computing and artificial intelligence,” Thierry Breton, the Commissioner for Internal Market of the European Union, said.