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Tit-For-Tat Move By China Restricts Rare Minerals Required In Chips

Tit-For-Tat Move By China Restricts Rare Minerals Required In Chips

BusinessToday.In
BusinessToday.In
  • New Delhi ,
  • Jul 5, 2023,
  • Updated Jul 5, 2023, 2:03 PM IST

 

Hi-tech industries are staring at a possibility of a fresh chip shortage with geo-political restrictions challenging not only expansion plans but semi-conductor availability as well. In a tit-for-tat move, China has restricted exports of two minerals critical to chips and radar systems as a counter to increased controls by the US and Netherlands on sales of chip-making equipment.

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