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jiraporn66
12 Oct 2022 - 07:03:15
470 Posts
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Asian chipmaker stock index fallsxo walletAfter the United States announced measures to control China's chip exports.
The AFP news agency reported on October 11 that the Asian chipmaker's stock index plummeted. After the United States unveiled a new set of measures to limit China's access to high-quality semiconductors for military use. Resulting in the cost of related companies in the billions around the world.


The US Commerce Department announced the measures on Oct. 7, which included restrictions on exports of certain types of chips used in supercomputers. and stricter regulation of the sale of semiconductor equipment

The measure had a huge negative effect on chipmakers. On Oct. 11, the Philadelphia semiconductor index closed in the negative territory for its lowest level since 2020, while Bloomberg reported. Berg reported that The company's market capitalization in the global market dropped to $240 billion.


Taipei-listed firms were among the hardest hit, with Taiwan Semiconductor Manufacturing Co. down 8.3 percent and ASE Technology down 9 percent, while United Microelectronics was down 7%, sending the Taiex of Taiwan shares more negative. 4%

Shares in South Korea's main semiconductor maker Samsung Electronics were down more than 1 percent and DB Hitek fell more than 3 percent, while Japan's Renesas Electronics and Tokyo Electron were down nearly 6 percent.

Such US measures are likely to drive the semiconductor industry. And China's military technology faces more complex problems. The measures, which were adopted about a week before the Communist Party of China's general assembly, came after the Petagon increased the number of Chinese firms, including drone maker DJI and surveillance camera company Zhejiang Dahua Technology. Another 13 were added to the blacklist.

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