Exclusive: Chinese chipmaker YMTC plans new factories amid heightened US-Sino trade tensions, sources say - Reuters
Quick Insights
The Bottom Line
Chinese chipmaker YMTC plans new factories amid heightened US-Sino trade tensions, sources say.
AI Summary
Chinese chipmaker YMTC plans to build new factories, according to sources, despite heightened US-Sino trade tensions. This move comes as the Trump administration continues to impose export controls on advanced technology to China. The expansion suggests YMTC is pushing to increase its domestic production capabilities for memory chips. This strategy aims to reduce China's reliance on foreign technology and circumvent US restrictions. The development could further escalate economic competition between the United States and China in the critical semiconductor sector.
Following this story?
Get notified when new coverage appears
This article is part of a story we're tracking:
Should this be getting more attention?
You Might Have Missed
Related stories from different sources and perspectives
PoliticsExclusive: Chinese business hired lobbying firm with ties to Don Jr, then scored a win in Washington - Reuters
<a href="https://news.google.com/rss/articles/CBMixgFBVV95cUxNcGpTdjVkWWlVd182YjM0bVVwZ2NZXzJPZ3NiTUNjRFFBVUhYdHd5Ry00TXpmQ2w4aGRyWE94cUQ3OExZX3I5bGgxUXZPdnROdkJ3M1FMc0NrN1RDMFpfdGpDN1NpaFBxamF6ZjRrb0IzMElJd1JIcGpOZWZCdUVCMjY3LThvb3BmWHNwRzZBRk54bFVPU3h3WXg0cUctemFTN0hjQ05uVGpKc0l4blRlY2RxdG9OYkVPclBOdDQwMHNkVW5lYVE?oc=5" target="_blank">Exclusive: Chinese business hired lobbying firm with ties to Don Jr, then scored a win in Washington</a> <font color="#6f6f6f">Reuters</font>
GlobalExclusive: US officials underwhelmed by French far-right's plans for economy - Reuters
<a href="https://news.google.com/rss/articles/CBMirgFBVV95cUxOdFhWVktOQVdDWFlTTEFQT05aUWJnX2Q3WmpVMlE4REl6aU5Lckh6UHhSZklPd1RUT3duMGtVdGdhYXVmTkZ1M25kVWtEbVJXOWdEMXQ2ZzhGLW5aTzJzeEpqT25qb3FKZzBhbFl6LVRJc3FqcVFDNlA0WF9JTkVpYS1jNDhLV1BKbUFQNDdYS3FDcmd6b1V3M01aXzV0cnRLR1NJOTFqRnpiUmE4Zmc?oc=5" target="_blank">Exclusive: US officials underwhelmed by French far-right's plans for economy</a> <font color="#6f6f6f">Reuters</font>
Civil RightsHow US communities have responded to plans to convert warehouses into immigration detention centers - AP News
<a href="https://news.google.com/rss/articles/CBMirAFBVV95cUxNRENudUpQZG5ZUnpwVTIxX1pBcktIdU53bVl1eW5PTjhock9GTFJPWWdQZU1EOTJ6bTdVdVpUSzJUdmU0dlhWU042MS1SY1NxRFFBWmFBY1J1UUoxdlNuNnN1ME5QVUNhLWs3dE1XTGhvZlE5NjhQZElra18zNFZmNi1NNTFodmpvZ0Rrd1VQYzhvTEdpYXNta2h4R0F4SFcyWHRYLUhER2QyWnZt?oc=5" target="_blank">How US communities have responded to plans to convert warehouses into immigration detention centers</a> <font color="#6f6f6f">AP News</font>
National SecurityExclusive: ICE launches new effort to uncover US ‘birth tourism schemes’ - Reuters
<a href="https://news.google.com/rss/articles/CBMinwFBVV95cUxNV3NlNDFxcGJwZWFpbURyeW5FdDFwejJvQWJUd0wyWXJkMW5Ba0JOcXVsakpnbHlxdGlkRnhrY04tT1VCZHVIdUt5OWRyUjBCSGhGMXJUOVViY1k5RHBtQ2VQOWdzYWhxTVg0WHZPVm9WVW5hQjJCQlNvVFU0Y2dUb3hFd0JtWWJZaHBhYzVFV3NpMWVhREdvc0pLVVVxVjA?oc=5" target="_blank">Exclusive: ICE launches new effort to uncover US ‘birth tourism schemes’</a> <font color="#6f6f6f">Reuters</font>
CorporateChinese electric vehicles pull into the lead
China's long-term investments in innovation are paying off in electric vehicles. Last year, the Chinese car company BYD overtook Tesla as the world's top seller of EVs, despite the U.S. market being virtually closed to them.
CorporateEU doubles steel tariffs to 50% to curb surge of cheap Chinese imports
EU lawmakers and member states agreed on Monday to double tariffs on foreign steel to 50%, aiming to shield the bloc’s struggling industry from a surge in cheap Chinese imports. The deal also cuts duty-free import volumes by 47%. Trade chief Maros Sefcovic warned global overcapacity threatens Europe’s industrial strength.

IBM folds to Trump anti-DEI push, admits no misconduct but pays $17M penalty
Did this story change how you see things?
Stories like this only matter when people see them. Help us get verified journalism in front of more eyes.
The Verity Ledger curates verified investigative journalism from trusted sources only.
See our sourcesMost Read This Week
Automatic registration for US military draft to begin in December

There's growing disquiet in the military. The Iran war made it worse

US considers new crackdown on Chinese telecom companies - Reuters

DOJ’s Civil Rights Division Investigates Cassidy Hutchinson, Who Testified Against Trump

British man charged with directing Somalia-based terror group

