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China anti-monopoly probe into chipmakers makes ‘important progress’

Officials in Beijing have reportedly announced that “important progress” has been made in an investigation into anti-competitive behavior among chipmakers, including South Korean giants Samsung and SK Hynix, and US firm Micron. “The anti-monopoly investigation into these three companies has made important progress…. [It] has yielded massive evidence,” Wu Zhenguo, head of China’s anti-monopoly regulator, was […]