The White House announces a comprehensive investigation into China’s semiconductor industry, citing concerns over national security, trade practices, and unfair market competition. The Biden administration accuses China of employing "non-market policies and practices" and industrial strategies that undermine global competition in the critical semiconductor sector.
Semiconductors, the backbone of modern technology, are essential components in industries ranging from defense and aerospace to automotive and medical devices. As the world becomes increasingly reliant on advanced electronics, the Biden administration emphasizes the need to ensure a fair and secure supply chain, free from the influence of what it describes as. . .