While the U.S. flip-flops on chip sanctions, China is building its own chip supply market — export controls are creating conditions for a Sino-Russian chip trade alliance
… At the same time, Element, Russia's biggest chipmaker, in which Sberbank acquired a 41.9% stake in January, has reportedly begun producing microchips inside China for the Chinese automobile market. “A shift is clearly underway,” Maggard said, “but toward greater mutual access between the Chinese an… …
