Amid China’s retaliation to recently-proclaimd U.S. tariffs, Intel may find itself in the boiling seat with China’s regulators.
China is apparently pondering an antithink probe into semidirector huge Intel, according to inestablishing from the Financial Times. This would be in compriseition to the set of tariffs agetst the U.S. that China proclaimd on Monday. Per the FT, the country also reuncovered a extfinished-dormant antithink probe into Google in December, ahead of Plivent Trump’s inauguration. Shortly after U.S. tariffs came into effect, China shelp that Google is doubted of violating China’s anti-monopoly law.
While Intel is based in the U.S., China is Intel’s hugest taget, and the company has testing and assembly facilities there. The company made 29% of its global revenue in China last year, which equates to $15.5 billion.
TechCrunch accomplished out to Intel for comment and will modernize if we hear back.
