[BUSINESS]■ STORY TIMELINE
US IMPORT BAN THREAT HITS CHINESE CHIP MAKER
Shares of Zhongji Innolight dropped after reports that the US plans to restrict imports of Chinese data center optical transceivers. The company derives 62% of its quarterly revenue from the US market.
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Reuters: Innolight falls after a report said the US plans to restrict imports of new Chinese data center optical transce…