SHANGHAI, June 29 (Reuters) - Geopolitics and the national security concerns of some countries are threatening the globalisation of the world’s chip industry and its future growth, the chairman and acting CEO of memory chipmaker Yangtze Memory Technologies (YMTC) said on Thursday.
"Our industry itself is cyclical, and each practitioner has his own way of dealing with the cycle.
The move barred YMTC's suppliers from shipping U.S. goods to it without a difficult-to-obtain licence.
Chen hinted at YMTC's own troubles during his speech, with a direct appeal to equipment suppliers in attendance.
"For YMTC that I manage, we can no longer procure parts and components for equipment we had legally bought.
Persons:
Chen Nanxiang, Taiwan's TSMC, Morris Chang, Chen, Casey Hall, Muralikumar Anantharaman, Christina Fincher
Organizations:
Technologies, Huawei Technologies Co, Shanghai Newsroom, Thomson
Locations:
SHANGHAI, China, Shanghai, United States, Washington