China Places Ban on Exports of Microchip Materials

News Snapshot:

Finally, it looks like China is beginning to fight back against sanctions from various countries. The country has recently placed restrictions on the export of two important materials. These materials are mainly used in the production of computer chips. In this regard, we are referring to Gallium and Germanium. This move by China happens to be as a result of its ongoing conflict over semiconductor technology with the United States. Under this new rule, companies in China need to obtain special licenses in order to export Gallium and Germanium. These minerals are crucial in manufacturing of computer chips and various...