Report Says HUA HONG SEMI Faces Suspension of Semiconductor Equipment Supplies; China FM Hopes US Takes Concrete Actions to Safeguard Stable Global Supply Chains
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The US has reportedly asked several chip equipment companies to halt shipments to HUA HONG SEMI, China's second-largest chipmaker, leading to a significant drop in its stock price. Chinese Foreign Ministry spokesperson Lin Jian expressed hope that the US will take actions to ensure the stability of global supply chains amidst ongoing restrictions on chip exports to China.
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