China’s Ministry of Commerce announced on Thursday that it will initiate an investigation into the export of low-priced chips from the United States to China. The probe aims to address concerns of unfair competition faced by China’s mature-process chip industry due to subsidized U.S. imports.
According to a spokesperson from the ministry, domestic companies have requested anti-dumping and anti-subsidy investigations, asserting that U.S. chip manufacturers have gained an unfair advantage through substantial subsidies provided by the Biden administration. These subsidies have allegedly allowed U.S. firms to export mature-process chip products to China at significantly reduced prices.
“Such actions have damaged the legitimate rights and interests of China’s domestic industries,” the spokesperson stated. “China’s domestic industries have the right to file a trade remedy investigation application.”
The investigation will be conducted in accordance with relevant Chinese laws and World Trade Organization (WTO) rules. It reflects growing tensions in the global semiconductor industry, where nations are striving to bolster their technological capabilities and secure supply chains.
The outcome of the probe could have significant implications for the international chip market, as the semiconductor industry plays a critical role in various sectors, including consumer electronics, automotive, and telecommunications.
Reference(s):
Ministry of Commerce: China to launch probe into U.S. low-priced chips
cgtn.com
