Chips have become the most aggressive front in the tech war between US and China. Here’s what to make of Beijing’s first retaliatory action, says the Lee Kuan Yew School of Public Policy’s Ryu Yongwook.
for chip production in October 2022 – a response from China was to be expected.
In the past, Beijing shunned from imposing sanctions on foreign chip industries knowing that it depended on them to meet its avid appetite for chips. Taking restrictive action against Micron may suggest that it no longer feels dependent on foreign suppliers, which would greatly boost China’s contest for hegemony and supremacy.
For more advanced chips , China’s production capacity is even more negligible - almost non-existent - at this stage. With the US’ ever-expanding export restrictions on China, it is highly doubtful if China can ever reach its desired self-sufficiency level in the future.DRIVING A WEDGE The only foreign suppliers that can fill the shortage in memory chips are South Korean firms, Samsung and SK Hynix. They stand to gain from the Micron ban, which engenders a situation of diverging interests between the US and South Koreaasked the Korean government to urge its chipmakers
US President Joe Biden shakes hands with Yoon Suk-yeol during the South Korean president's state visit.
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