Chinese companies hold 96% of global production of key material for chips, solar panels The solar industry is the main consumer of polysilicon, while semiconductor chips accounted for 2.4% of annual consumption in 2025, according to the Semiconductor Industry Association. © Reuters NEW YORK — The Trump administration announced on Thursday it will impose a 15% tariff rate and a minimum price on imports of products made from polysilicon, the critical raw material used in solar panels and semiconductor chips.
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