In recent years, the trade war between the United States and the rising star of Asia, China, has escalated. While different moves are coming from the two countries, most recently, the Chinese government has taken a significant step regarding Intel and AMD. This move seems to deal a serious blow to the US.
The Chinese government instructs telecommunications companies to AMD and Intel!
According to reports, the Chinese Ministry of Industry and Information Technology has instructed the country’s leading telecommunications companies to remove chips from US semiconductor companies such as Intel and AMD from their systems. For this, the government has given companies a period of 3 years and asked them to present their plans for transitioning to domestic chips.
China’s move is speculated to be a response to the sanctions imposed by the United States on Huawei. It is not known whether the government will provide financial support to telecommunications companies.
China’s decision regarding Intel and AMD chips could have a serious impact on both companies. After all, a significant portion of the companies’ revenues comes from the Chinese market. We will see together how this decision by the government will turn out.
In recent years, China has been striving to break free from dependence on the US. It has achieved significant successes in this regard. It is working to become completely independent, along with major companies like Huawei. This will lead to a significant change in global trade.
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