The Biden administration has given a large amount of subsidies to the chip industry, and US enterprises have thus gained an unfair competitive advantage and exported relevant mature node chip products to China at low prices, which has undermined the legitimate rights and interests of China's domestic industry.
I just see this as a retaliation to [the] new set of export controls that the US is trying to impose on China. The US doesn't really have a commanding presence in mature node foundries and enough capacity to export to China and that too at prices lower than what Chinese mature node foundries offer domestically to disturb their market.
China's Commerce Ministry issued a statement saying it would examine whether the US is giving chip manufacturers an unfair advantage or allowing them to illegally undercut Chinese products.
This investigation will cover so-called mature node semiconductors, which China has substantial capacity in, and typically target automotive, industrial, and consumer products.
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