India, April 17 -- According to a report from TechNews, citing Tom's Hardware, China has introduced new export restrictions on rare earth materials critical to RF (radio frequency) and storage applications-specifically scandium and dysprosium. These measures may affect major players in the industry, including Broadcom, GlobalFoundries, Qualcomm, TSMC, Samsung, Seagate, and Western Digital, as the report highlights.

The report points out that this is not the first time China's Ministry of Commerce has imposed export restrictions on rare earth materials. This move is considered to be a response to the U.S. government's recent imposition of a 54% tariff on Chinese-made products under the Trump administration, as the report indicates.

As no...