Chip industry globalisation under threat, says Yangtze Memory's chief

Geopolitics and the national security concerns of some countries are threatening the globalisation of the world's chip industry, which is now in a turbulent era, the chairman of memory chipmaker Yangtze Memory Technologies said on Thursday.

Chen Nanxiang said in a speech at the opening ceremony of the Semicon China conference in Shanghai that this had given him doubts over whether the global semiconductor industry could realise an earlier forecast that it could see $1 trillion in sales by 2030.