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In a major escalation of the US-China tech war, China’s memory chip sector is expected to be particularly hard hit by new export restrictions imposed by the United States, according to Chinese analysts and commentators.

That bleak assessment comes after Yangtze Memory Technologies Co (YMTC), China’s top memory chipmaker, and 30 other Chinese “entities” were added to the US Commerce Department’s Bureau of Industry and Security’s (BIS) “unverified list” on October 7.

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