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On August 30, the spokesperson of the Ministry of Commerce answered questions from reporters about the US revoking the "validated end user" authorization for three semiconductor companies, including Samsung, in China. A reporter asked about the US Department of Commerce removing Intel Semiconductor (Dalian) Co., Ltd., Samsung China Semiconductor Co., Ltd., and SK Hynix Semiconductor (China) Co., Ltd. from the "verified end user" authorization list on August 29. What is China's comment on this matter? The spokesperson for the Ministry of Commerce stated that China has taken note of the situation. The semiconductor industry is highly globalized, and after decades of development, it has formed an industry structure where companies are interdependent. This is the result of market laws and the choices of enterprises. The US move, driven by self-interest, is turning export control tools into a weapon, which will have a significant adverse impact on the stability of the global semiconductor industry supply chain. China opposes this action and urges the US to immediately correct its mistakes to maintain the security and stability of the global industrial and supply chains. China will take necessary measures to protect the legitimate rights and interests of its enterprises. (CCTV News)
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