Source: South China Morning PostThe US government has been slow to approve licences for American companies like Lam Research Corp and Applied Materials to sell chip production equipment to Chinese foundry Semiconductor Manufacturing International Co (SMIC), sources said, as the impact of a global chip shortage spreads.Many licences for US suppliers to ship an estimated US$5 billion dollars’ worth of equipment and materials have not come through, according to more than half a dozen industry sources, though numerous companies…Read More