2020 was a tumultuous year for China’s tech sector as US tensions loomed large for Huawei, TikTok and WeChat

//2020 was a tumultuous year for China’s tech sector as US tensions loomed large for Huawei, TikTok and WeChat

2020 was a tumultuous year for China’s tech sector as US tensions loomed large for Huawei, TikTok and WeChat

It was a tumultuous year for the Chinese technology sector amid rising tensions with the US and as Beijing doubled down on its goal of achieving self-reliance in strategic areas such as semiconductor development. And as 2020 drew to a close, the central government indicated there will be more regulation in 2021 as it seeks to rein in Big Tech and maintain overall economic stability.Semiconductor shuffleUnder pressure from Washington, Beijing fast-tracked domestic semiconductor development to…

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By | 2020-12-24T22:00:21+00:00 December 24th, 2020|Technology|Comments Off on 2020 was a tumultuous year for China’s tech sector as US tensions loomed large for Huawei, TikTok and WeChat