China tells telecom firms to phase out foreign chips in blow to Intel, AMD: report

China tells telecom firms to phase out foreign chips in blow to Intel, AMD: report

The Intel Corp logo is seen on a display in a store in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly

Chinese officials directed the country’s largest telecom carriers earlier this year to phase out foreign chips that are key to their networks by 2027, the Wall Street Journal reported on Friday, citing people familiar with the development.

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