US lawmakers want to prevent companies that win federal chipmaking funds from using Chinese-made equipment at government-backed factories, part of efforts to limit Beijing’s influence on domestic chip production.

The global semiconductor manufacturing industry is anticipated to increase capacity by 6% in 2024 and 7% in 2025 to accommodate the unrelenting growth in chip demand.

The solar cell sector in China has swiftly shifted from P-type PERC to N-type TOPCon technology over the past two years, leading to an oversupply situation. The industry’s woes were mirrored at the recently concluded International Photovoltaic Power Generation and Smart Energy Conference & Exhibition in Shanghai, which turned into a venue for desperate sales tactics and debt collection struggles.