Trade restrictions delay China hunt for Samsung and TSMC alternatives - Business Insider

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US export restrictions will make it difficult for SMIC to obtain foundry equipment, delaying China's efforts to develop a domestic alternative to Samsung and TSMC

that SMIC could be supplying components to China's military; however, representatives of SMIC deny this, claiming that the company only manufactures semiconductors for civilian and commercial end-users.

US export restrictions against SMIC will set back China's search for domestic alternatives to Samsung and TSMC.The export restrictions will make it particularly difficult for SMIC to obtain foundry equipment, setting back China's efforts to develop a domestic alternative to Samsung and TSMC. Samsung and TSMC currently operate the onlyin the world capable of manufacturing 7nm chips.

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