Limited support

Apparently realizing that its unilateral bans cannot contain China's progress, the US is now desperately bringing other key players in the semiconductor sector, including Japan and South Korea on board, in curbing China - and that intention is even more obvious in the October ban. The October update means that "in addition to Chinese-funded enterprises, the extent of these restrictions stipulate foreign-owned production centers located in China will also need to apply for approval on a case-by-case basis in order to continue to obtain manufacturing-related equipment," TrendForce, a world-leading market intelligence provider, said in a statement it sent to the Global Times.

In his eyes, the consensus will offer a "golden period" for some small industry players

In his eyes, the consensus will offer a "golden period" for some small industry players, who may have good products, but lack advantages when competing with global giants of the industry. Data from the China Semiconductor Industry Association (CSIA) showed on Monday that the Chinese chip design sector's sales revenue this year is expected to reach 534.57 billion yuan, up 16.5 percent year-on-year, Defying the impact of US chips ban, Wei Shaojun, president of the integrated circuit design branch of the CSIA, said at an industry forum on Monday that China's chip design sector is likely to account for a bigger proportion of the global semiconductor sales.

Focus on self-reliance

But on the positive side, "the whole industry has achieved a highly consistent and precious consensus in developing a localized, self-reliant ecosystem, which in turn is facilitating wider use of domestic processors and inspiring innovation," another Shanghai-based industry player, who is engaged in chip design work, told the Global Times.