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China hoards used chipmaking machines to resist US pressure

Machines 'worthless several years ago' sell for $1 million

People cooped at home playing computer games have driven up demand for semiconductors.    © Reuters

TOKYO -- Chinese semiconductor makers are snapping up used chipmaking machines as they rush to produce homegrown products amid U.S.-Sino trade tensions, driving up equipment prices in Japan's secondary market. 

Japanese used equipment dealers say prices are up by 20% from last year. Older-generation machines are not restricted by U.S. sanctions on China, giving Chinese players unfettered access.

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