Chinese companies are scrambling to seek local substitutes to cut reliance on Japanese suppliers as they brace for the impact of Tokyo’s export curbs on semiconductor equipment and materials, according to corporate statements and analysts.
Under tightened export restrictions unveiled by Japan’s Ministry of Economy, Trade and Industry (METI), Japanese suppliers of 23 types of semiconductor equipment are required to obtain prior export licenses to sell to China starting from July. This follows an agreement by the US, Japan and the Netherlands to limit the export of advanced chip-making equipment to China.
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