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China's export curbs on chip materials raise supply concerns

Financial Times — August 27, 2024, 06:00 AM UTC

Summary: China's export restrictions on germanium and gallium, essential for semiconductors and military equipment, have nearly doubled their prices in Europe over the past year. China produces 98% of global gallium and 60% of germanium, prompting concerns over Western supply chains. These measures were introduced in response to U.S. controls on advanced chip sales, highlighting China's dominance in critical resource supply.

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