{"id":31034,"date":"2023-07-03T21:30:07","date_gmt":"2023-07-04T01:30:07","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/commodities\/china-to-restrict-exports-of-chipmaking-materials-as-us-mulls-new-curbs\/"},"modified":"2023-07-03T21:30:08","modified_gmt":"2023-07-04T01:30:08","slug":"china-to-restrict-exports-of-chipmaking-materials-as-us-mulls-new-curbs","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=31034","title":{"rendered":"China to restrict exports of chipmaking materials as US mulls new curbs"},"content":{"rendered":"
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BEIJING (Reuters) – China will control exports of some metals widely used in the semiconductor industry, its commerce ministry announced on Monday, the latest salvo in an escalating war over access to high-tech microchips between Beijing and the United States. <\/p>\n

The controls, which China said were aimed at protecting national security and interests, will require exporters to seek permission to ship some gallium and germanium products. <\/p>\n

The move to manage exports of the rare elements that Beijing classifies as strategic, comes as Washington mulls new restrictions on the shipment of high-tech microchips to China, according to media reports. <\/p>\n

The United States and the Netherlands are also set to deliver a one-two punch to China’s chipmakers this summer by further restricting sales of chipmaking equipment, part of efforts to prevent their technology from being used to strengthen China’s military.<\/p>\n

China’s controls, to take effect from August 1, will apply to eight gallium-related products: gallium antimonide, gallium arsenide, gallium metal, gallium nitride, gallium oxide, gallium phosphide, gallium selenide and indium gallium arsenide.<\/p>\n

They will also apply to six germanium products: germanium dioxide, germanium epitaxial growth substrate, germanium ingot, germanium metal, germanium tetrachloride and zinc germanium phosphide. <\/p>\n

Exporters will need to go through procedures to obtain export licences, China’s commerce ministry said in a statement. <\/p>\n

Anyone exporting these products without permission and those who export in excess of the permitted volumes will be punished, it said.<\/p>\n

Germanium is also used in infrared technology, fibre optic cables and solar cells. <\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

BEIJING (Reuters) – China will control exports of some metals widely used in the semiconductor industry, its commerce ministry announced on Monday, the latest salvo in an escalating war over access to high-tech microchips between Beijing and the United States. 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