China Launches Probes Targeting US Semiconductors Ahead of Trade Talks

CHINA LAUNCHED TWO investigations targeting the US semiconductor sector ahead of planned talks between the two nations on trade and other issues.

- BLOOMBERG

The Ministry of Commerce said in a statement on Saturday that it's opened an anti-dumping probe relating to certain American-made analog IC chips, the sort of products sold by Texas Instruments and Analog Devices. At the same time, the ministry also kicked off an anti-discrimination investigation into US moves against the Chinese chip sector, according to a separate statement.

The probes come shortly after the US added 23 more China-based companies to its entity list, which imposes restrictions on businesses deemed to be "acting contrary to the national security or foreign policy interests of the US."