The US Government intends to escalate Washington’s chip wars strategy. Bloomberg claims that sanctions are imminent against a number of Chinese semiconductor companies linked to tech giant Huawei.
Leaked reports show that the Chinese companies or entities under scrutiny include some that were highlighted last year in allegations that Huawei was trying to set up a secret network of factories to combat US sanctions against it.
These allegations came from the Semiconductor Industry Association (SIA), the trade body for US chipmakers. Huawei is said to have taken over two existing chip factories and built at least three more under other companies’ names to hide its involvement.
This could allow Huawei to circumvent the restrictions and indirectly purchase chip manufacturing equipment or other materials that would otherwise be prohibited to it.
