Top South Korean chipmakers Samsung and SK Hynix currently have permits to import US chip-making equipment into China, where they have extensive production facilities

The Taiwanese chip giant is considering setting up a second fab in Japan, and adding capacity to an $8.6 billion plant already under construction in the country

Senior executives from chipmakers including Intel, GlobalFoundries, Amkor and Marvell are expected to attend a business meeting on Monday in Hanoi

While India and the US are not formal treaty-bound allies, Washington wants New Delhi to be a strategic counterweight to China

The chief of one of the world’s biggest chip equipment-makers, ASML, said isolating China completely will ‘force’ the country to ramp up innovation

State media said the investment was a clear sign of Beijing's push to end the country's reliance on foreign semiconductor firms

The development follows sanctions-hit Huawei's success in building an advanced 7-nanometer processor, in collaboration with state-backed SMIC

The 100-million-people country has only 5,000 to 6,000 trained hardware engineers for the chip sector, against expected demand of 20,000 in five years

The company said it will continue to ship the products in its NXT:2000i and more advanced DUV models, which fell under the restrictions that started on Friday

If true, the development of a homegrown 5G chip would mark a win for China's local semiconductor sector, which has seen stock market gains of roughly 8% so far this week

TSMC has previously blamed a "lack" of skilled workers for the slow pace of the fab's construction and also lobbied to bring more Taiwanese workers to help finish work the site

The landmark deal, signed when Beijing and Washington established diplomatic ties in 1979, needs to be renewed about every five years and is currently set to expire later this week