SHANGHAI/TAIPEI -- Chinese companies are quietly turning to European, Asian and domestic chip suppliers for non-U.S. alternatives, as billions of dollars-worth of tariffs imposed by Washington and Beijing on each other's products come into effect.
"The message we learn clearly from our Chinese customers recently is that [if they have the choice,] they are eager to diversify from buying from U.S. suppliers," a manager at German-based chipmaker Infineon Technologies told the Nikkei Asian Review. "They are really taking the rising political tension and risks into consideration."