Top US chip boss says China tension risks 'decades of growth'

Applied Materials CEO calls breakdown in relations a 'lose-lose proposition'

20190321 Applied Materials (Photo provided by Applied Materials)

China is a key market for U.S.-based Applied Materials, the world's largest supplier of chipmaking equipment. © Applied Materials

CHENG TING-FANG and LAULY LI, Nikkei staff writers

SHANGHAI/TAIPEI -- The chief executive of California-based Applied Materials, the world's largest supplier of chipmaking equipment, warned on Wednesday that tensions between Washington and Beijing threaten global economic growth and hurt both of the world's leading economies.

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