Ajit Manocha, CEO at industry association Semi, told CNBC that the U.S.-China trade war has been a 'very small' reason behind the slowdown seen in the semiconductor sector.
The U.S.-China trade war has been a "very small" reason behind the slowdown seen in the semiconductor industry, says Ajit Manocha, CEO at industry association Semi.
Manocha said the chip industry could see a pickup in the "early part of 2020" once the current period of softening passes. Commenting on the current U.S. approach toward China, Manocha said that Beijing is unlikely to face any "serious impact" if Washington continues to target it in a unilateral manner instead of working together with like-minded countries.
This photo taken on November 19, 2018 shows workers checking laptop parts in a factory in the Hangyong Auto Industrial Park, in Lu'an City, in China's Anhui Province.The U.S.-China trade dispute has had limited impact on the semiconductor sector, according to Ajit Manocha, CEO at chip industry association, Semi.
The tariff war between the two economic powerhouses has actually been a "very small" reason behind the slowdown seen in the semiconductor industry, Manocha told CNBC's Arjun Kharpal and Geoff Cutmore at theThe U.S. and China have been embroiled in a trade dispute for more than a year, with both sides levying duties on each other's goods valued at hundreds of billions of dollars.
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