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US launches new probe into Chinese semiconductor industry

  • The Biden administration has launched a probe into unfair trade practices by China in the semiconductor supply chain, paving the way for new tariffs once President-elect Donald Trump takes office.
  • The investigation will examine China's manufacturing and increasing dominance of the market for legacy semiconductors, which are used in home appliances and automobiles.
  • Evidence shows that China aims to dominate markets in the semiconductor industry through anticompetitive and non-market means, including setting market share targets.
  • The U.S. Trade Representative's office stated that the probe is aimed at protecting American chip producers from China's state-driven buildup of domestic supply.
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