US-China trade war has had limited impact on semiconductors, says industry expert

  • 📰 CNBC
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Ajit Manocha, CEO at industry association Semi, told CNBC that the U.S.-China trade war has been a 'very small' reason behind the slowdown seen in the semiconductor sector.

The U.S.-China trade war has been a "very small" reason behind the slowdown seen in the semiconductor industry, says Ajit Manocha, CEO at industry association Semi.

Manocha said the chip industry could see a pickup in the "early part of 2020" once the current period of softening passes. Commenting on the current U.S. approach toward China, Manocha said that Beijing is unlikely to face any "serious impact" if Washington continues to target it in a unilateral manner instead of working together with like-minded countries.

This photo taken on November 19, 2018 shows workers checking laptop parts in a factory in the Hangyong Auto Industrial Park, in Lu'an City, in China's Anhui Province.The U.S.-China trade dispute has had limited impact on the semiconductor sector, according to Ajit Manocha, CEO at chip industry association, Semi.

The tariff war between the two economic powerhouses has actually been a "very small" reason behind the slowdown seen in the semiconductor industry, Manocha told CNBC's Arjun Kharpal and Geoff Cutmore at theThe U.S. and China have been embroiled in a trade dispute for more than a year, with both sides levying duties on each other's goods valued at hundreds of billions of dollars.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

China made equals garbage made. Period.

the impacts are overhyped by fake news media like you (CNBC)

It’s had limited impact on anything. Ironic

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European stocks open higher as Trump says US-China trade talks underwayEuropean stocks opened higher again on Tuesday after U.S. President Donald Trump said that trade talks with China, which had stalled in May, have 'already begun' following his meeting with Chinese President Xi Jinping at the weekend. The 5 year old stand up comedian Brat, who pretends to be POTUS, says a LOT of things ! ! None of them have proven to be TRUE ! !
Source: CNBC - 🏆 12. / 72 Read more »