U.S. chipmakers are finding it harder and harder to operate in China but know that doing business in the country is still key to their survival.
Earlier this year, the Chinese government barred companies that handle crucial information from buying some U.S. chips, saying they had failed a cybersecurity review.
Global semiconductor companies are being forced to straddle a growing rift between the United States and China, and the industry has become ground zero for the technology rivalry, with new restrictions and punitive measures imposed by both sides.
But China still accounts for a third of global semiconductor sales, and for some chipmakers, the country accounts for 60 percent or 70 percent of their revenue. Even when chips are manufactured in the United States, they are often sent to China for assembly and testing.