Chipmakers struggle amid geopolitical turmoil: CEOReuters, SHANGHAIGeopolitics and the national security concerns of some countries are threatening the globalization of the world’s chip industry and its future growth, the chairman and acting CEO of memorychip maker Yangtze Memory Technologies Co (YMTC, 長江存儲) said on Thursday. A staff member for Shanghai Precision Measurement Semiconductor Technology gestures next to a giant mock-up chip during Semicon China, a trade fair for the semiconductor industry, in Shanghai, China June 29, this year. Photo: Reuters/Nicoco Chan“Our industry itself is cyclical, and each practitioner has his own way of dealing with the cycle. “For YMTC that I manage, we can no longer procure parts and components for equipment we had legally bought. If it is fair, please set up some fair rules to buy back the equipment,” he said.
