More Voices Call for Action to Stop Chinese Control of Semiconductors – Including “Mid-Range Chips”

This week started with an unusual endorsement of active export controls by a prominent financial titan. Warning of the prospect of a Chinese-dominated chip market in his annual letter to shareholders, JP Morgan Chase CEO Jamie Dimon stated:But China, using subsidies and its economic muscle to dominate batteries, rare earths, semiconductors or EVs, could eventually imperil national security by disrupting our access to these products and materials. We cannot cede these important resources and capabilities to another country.At the time, Ben Noon – writing a must-read story in Foreign Policy –offers a cogent analysis of a problem the U.S. government has so far little considered: how to stop China from controlling the world’s legacy chip market.Noon acknowledges… Read More