China Chips Away at Asian Rivals’ High-Tech Supremacy

China Chips Away at Asian Rivals’ High-Tech Supremacy

Tech exporters in places including Taiwan and South Korea made record sales to China last month, as the pandemic caused robust demand for electronic entertainment and companies stocked up before the U.S. imposes sanctions on Huawei.In total, Chinese companies bought $37 billion worth of integrated circuits in September, according to data released by the Customs Administration Tuesday. That surge wasn't just about Huawei securing supplies before America bans it from purchasing chips using U.S. technology. It reflected the rational actions of other companies