China pushes to drop US chips from telecoms by 2027
US chip companies Intel and Advanced Micro Devices are the latest targets of China’s push to wean itself off foreign technology, according to the Wall Street Journal. Beijing ordered state-owned telecoms to phase out foreign processors by 2027. The move suggests that the quality of China’s domestic chips have improved enough to be used instead.
That’s bad news for Intel and AMD, which in recent years “provided the bulk of the core processors used in networking equipment in China and the world.” Last year China accounted for 27% and 15% of Intel and AMD’s revenue, respectively.
That’s bad news for Intel and AMD, which in recent years “provided the bulk of the core processors used in networking equipment in China and the world.” Last year China accounted for 27% and 15% of Intel and AMD’s revenue, respectively.
