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Japanese chip equipment firms count on China sales amid U.S. moves to block high-end exports to Beijing - TL;DR CNBC

Japanese chip equipment firms count on China sales amid U.S. moves to block high-end exports to Beijing

Publishing timestamp: 2024-09-06 01:00:05


Summary

Japanese semiconductor equipment providers heavily rely on China for revenue, but face challenges due to U.S. export-control measures. China is increasing its purchases of chip-making equipment, potentially reducing its reliance on foreign suppliers.


Sentiment: MIXED

Tickers: 8035.T-JP,  7735.T-JP, 

Keywords: breaking news: technology,  screen holdings co ltd,  japan,  united states,  china,  tokyo electron ltd,  technology,  business news,  asia economy,  world markets, 

Source: https://www.cnbc.com/2024/09/06/japanese-chip-equipment-firms-count-on-china-sales-even-as-us-piles-pressure-to-block-exports.html


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