
The South China Morning Post reported Sunday that China has injected a hefty sum of money into Semiconductor Manufacturing International Corporation (SMIC), the country's largest domestic chipmaker. The $2.2 billion investment comes on the heels of Nikkei Asian Review reporting that Taiwan Semiconductor Manufacturing Company (TSMC) isn't taking any new orders from Huawei.
On Friday, the U.S. Department of Commerce announced restrictions that limit "Huawei’s ability to use U.S. technology








