Continue to supply chips to China! European chip giant announces to ignore the US!

Just recently, the Financial Times reported! European firms are captured in between Washington as well as Beijing as export controls make complex the international supply chain. Europe’s leading chipmakers claim they are looking for steady company in China as Washington export regulates even more make complex international supply chain procedures.
The presidents of STMicroelectronics, Infineon and also NXP claimed they have no strategies to quit procedures on the planet’s second-largest economic climate, in spite of their conformity with export limitations enforced by Washington on China’s semiconductor market. The remarks were made throughout a roundtable of CEOs at the 2022 International Trade Fair for Electronic Components in Munich, among Europe’s biggest semiconductor trade convention.