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As America pushes to claim technological independence in vital sectors, Chinese components makers are repositioning on their own to remain applicable.
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[19] The business issued an announcement stating it might "restart the listing application perform at an acceptable time Later on." Bitmain also introduced that Haichao Wang would function its new CEO, when co-founders Micree Zhan and Jihan Wu will carry on as directors.[twenty]
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This wave of Chinese firms relocating operations towards the US is about in excess of tariffs; it represents a strategic realignment pushed by economic, technological, and geopolitical forces.
Bitmain's enlargement in to the US represents a proactive hard work to lower challenges and fortify its aggressive position inside the area.