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The existence of sanctions did not prevent US suppliers from obtaining licences from the Commerce Department to ship billions of dollars worth of supplies to Chinese firms Huawei Technologies and Semiconductor Manufacturing International Corp between November 2020 and April 2021.
Mobile subscriptions will recover by 3.4% in 2021 from a drop of a little more than 2% in 2020, the Economist Intelligence Unit has predicted in a new report, adding that the strongest growth would be seen in Asia and the Middle East.
The US Department of Commerce has imposed sanctions on China's biggest maker of semiconductors, Semiconductor Manufacturing International Corporation, claiming it poses an "unacceptable risk" of its products being diverted to "military end use".
The US is thinking of imposing restrictions on China's major semiconductor manufacturer, based on a report that says Semiconductor Manufacturing International Corporation is helping Beijing's defence establishment.
There have been many discussions centred around the possibility that China may try to retake Taiwan and speculation as to the likely American reaction, but hardly any consideration has been given to the fact that even a failed bid by Beijing would have a massive effect on the American reliance on Taiwan's semiconductor manufacturers.
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