SinoInsight 1 May 18 Mainland news outlets reported that U.S. semiconductor company GlobalFoundries was shutting down its Chengdu factory and pulling out of China. News of GlobalFoundries followed Taiwan Semiconductor Manufacturing Company’s (TSMC) May 15 announcement that it was investing $12 billion in the United States to build a semiconductor plant in Arizona. TSMC …
Read moreEarly analysis on the NPC’s Hong Kong NatSec Law; the US hardens its stance on China
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