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Amid China’s retaliation to recently-announced U.S. tariffs, it appears that semiconductor giant Intel may find itself under scrutiny by Chinese regulators. Reports from the Financial Times suggest that China is considering launching an antitrust probe into Intel, a move that would be in addition to the set of tariffs against the U.S. announced on Monday.
According to the report, the country has reopened a long-dormant antitrust probe into Google, ahead of President Trump’s inauguration. Following the implementation of U.S. tariffs, China claimed that Google is suspected of violating China’s anti-monopoly law.
Notably, Intel is based in the United States but has significant operations and assets in China. The company generates a substantial portion of its revenue from this market, with 29% of its global revenue coming from China in the past year, translating to approximately $15.5 billion.
TechCrunch reached out to Intel for comment on the matter, and we will update if we receive any response.
It is important to note that this information has not been officially confirmed by either Intel or Chinese regulatory bodies.
Source: techcrunch.com
