The Dutch government's plan to exert new restrictions on exports of semiconductor technology will further disrupt the global chip industry and harm Dutch companies' interests, experts said.

The comments came after Dutch Foreign Trade Minister Liesje Schreinemacher announced the decision in a letter to the Dutch parliament, saying that the restrictions will be introduced before summer.

China's efforts to achieve proficiency in world-class chipmaking and ride out related US restrictions have received the attention of both lawmakers and political advisers at this year's two sessions.The number of senior executives and academicians involved in the semiconductor sector who are also among this year's deputies to the National People's Congress and national political advisers, has increased significantly.For instance, Zhang Suxin, chairman of chipmaker Huahong Group,

The semiconductor market has spawned a growing rivalry between the world's two largest economies, with the US government striving to curb the technological rise of China.But use of political power in an industrial chain that is highly globalized and based on market dynamic will eventually harm the interests of companies globally, including those in the United States itself, experts said.Recognizing this, several MNCs said they are against US sanctions on China's chip industry.In a podcas

The winners of the 2021 Jiangsu Governor Quality Awards and the Nomination Awards were announced by the provincial government on Oct 25 – and four companies from the prefecture-level city of Nantong in East China's Jiangsu province gained recognition.

The attempt by the United States government to suppress China's semiconductor industry has reached an unprecedented level.

US chip designer Nvidia Corp, a key source of computing chips for Chinese companies, announced late on Thursday that "the US government has authorized exports, reexports, and in-country transfers needed to continue its development of H100 integrated circuits", according to a Bloomberg report.

Shanghai-based Biren Technology introduced the BR100, its general-purpose graphics processing unit or GPGPU, on Tuesday, tapping a sector dominated by industry big names.

The global semiconductor industry sales booked record revenue of about $556 billion in 2021 with 26% increase in year on year sales, according to the US-based Semiconductor Industry Association (SIA). Amid a higher demand and the ongoing global shortage of chips embedded in the essential technologies of now and the future, industry shipped 1.15 million semiconductor units last year.