On November 20, Applied Materials released a statement to set the record straight, stating that recent portrayals of its China - based business by certain media sources were not accurate. The company has been steadfast in delivering top - notch products and services to its Chinese clientele, all the while adhering to pertinent laws and regulations. In the past 12 months, a series of alterations in U.S. trade regulations have led to a contraction in the scale of operations for American companies in China. However, Applied Materials does not expect any substantial changes in market restrictions by the year 2026.
