The world will pay a high price if China cuts off supplies of chipmaking materials

The world will pay a high price if China cuts off supplies of chipmaking materials

China has stopped exporting germanium and gallium, essential materials for making semiconductors, just one month after announcing it would curb exports. The move is seen as a warning that China has a powerful weapon in the escalating trade war over tech. China enjoys a monopoly on the production of the two elements, accounting for 98% of global gallium production and 68% of refined germanium production. Developing an independent supply chain for processing these elements could cost over $20 billion and take years. The minerals are critical to the supply chains of the semiconductor, defense, EV, and communications industries.

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