China hits back in the chip war, imposing export curbs on crucial raw materials | CNN Business

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China hits back in the chip war, imposing export curbs on crucial raw materials

Gallium and germanium will be subject to export controls starting August 1 “to protect national security and interests,” China’s Ministry of Commerce said in a statement Monday. Exporters of these raw materials will need to apply for “special permission from the state” to ship them out the country, the statement said. Gallium and germanium are used in a variety of products, including computer chips and solar panels.

The new rules mean that ASML\n \n , Europe’s largest tech firm, will need to apply for export licenses for products used to make microchips. Japan and the United States have also taken steps to limit Chinese companies’ access to chips and chipmaking equipment. Italy last month imposed several curbs on Pirelli’s biggest shareholder, Sinochem, to block the Chinese government’s access to sensitive chip technology.

 

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