U.S. sanctions derail China chipmakers' expansion plans

Yangtze Memory and ChangXin forced to delay new factories and lay off staff

20230214 YMTC plant

Yangtze Memory Technologies Corp. (YMTC) has faced delays over constructing a second plant in Hubei province, China. (Photo by Shunsuke Tabeta)

SHUNSUKE TABETA, Nikkei staff writer

WUHAN/HEFEI, China -- Sweeping export bans imposed by the U.S. last fall have held up plans by major Chinese chipmakers to expand operations, dealing a setback to the government's ambitions to make the country a semiconductor powerhouse.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.