AIRLINK 169.45 Decreased By ▼ -1.12 (-0.66%)
BOP 11.29 Increased By ▲ 0.11 (0.98%)
CNERGY 8.55 Increased By ▲ 0.14 (1.66%)
CPHL 99.80 Increased By ▲ 0.07 (0.07%)
FCCL 46.26 Decreased By ▼ -0.34 (-0.73%)
FFL 15.42 Increased By ▲ 0.27 (1.78%)
FLYNG 27.99 Increased By ▲ 0.44 (1.6%)
HUBC 142.85 Increased By ▲ 5.07 (3.68%)
HUMNL 12.91 Decreased By ▼ -0.01 (-0.08%)
KEL 4.60 Increased By ▲ 0.06 (1.32%)
KOSM 5.33 Decreased By ▼ -0.03 (-0.56%)
MLCF 62.70 Increased By ▲ 0.30 (0.48%)
OGDC 211.89 Decreased By ▼ -0.27 (-0.13%)
PACE 5.42 No Change ▼ 0.00 (0%)
PAEL 46.41 Decreased By ▼ -0.77 (-1.63%)
PIAHCLA 18.17 Decreased By ▼ -0.31 (-1.68%)
PIBTL 10.90 Increased By ▲ 0.54 (5.21%)
POWER 12.20 Decreased By ▼ -0.13 (-1.05%)
PPL 171.80 Increased By ▲ 2.20 (1.3%)
PRL 35.98 Increased By ▲ 0.13 (0.36%)
PTC 23.17 Increased By ▲ 0.08 (0.35%)
SEARL 96.89 Increased By ▲ 0.63 (0.65%)
SSGC 41.20 Increased By ▲ 1.68 (4.25%)
SYM 13.93 Increased By ▲ 0.09 (0.65%)
TELE 7.15 No Change ▼ 0.00 (0%)
TPLP 10.03 No Change ▼ 0.00 (0%)
TRG 63.36 Decreased By ▼ -0.12 (-0.19%)
WAVESAPP 10.10 Increased By ▲ 0.11 (1.1%)
WTL 1.31 No Change ▼ 0.00 (0%)
YOUW 3.64 Decreased By ▼ -0.02 (-0.55%)
BR100 12,383 Increased By 77.6 (0.63%)
BR30 37,761 Increased By 346 (0.92%)
KSE100 115,701 Increased By 847.8 (0.74%)
KSE30 35,474 Increased By 256.5 (0.73%)

BEIJING: Chinese companies should be wary of buying US chips as they are “no longer safe” and buy locally instead, four of the country’s top industry associations said on Tuesday in a rare coordinated response to Washington’s curbs.

The associations cover some of China’s largest industries, including telecommunications, the digital economy, autos, and semiconductors.

Their advice could impact US chipmaking giants like Nvidia , AMD, and Intel that, despite export controls, have managed to keep selling their products in the Chinese market.

The associations did not go into details on why US chips were unsafe or unreliable.

The Internet Society of China urged domestic companies to think carefully before procuring US chips and seek to expand cooperation with chip firms from countries and regions other than the United States, according to its official WeChat account.

Latest US strike on China’s chips hits semiconductor toolmakers

It also encouraged domestic firms to “proactively” use chips produced by both domestic and foreign-owned enterprises in China.

US chip export controls have caused “substantial harm” to the health and development of China’s internet industry, it added.

The warnings came after the United States on Monday launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies, including chip equipment maker Naura Technology Group.

Comments

200 characters