US Stated to Think about Banning Key Exports to Chinese language Chipmaker SMIC

US officers are contemplating discussing a Defence Division proposal this month to shut regulatory loopholes which have allowed Chinese language chipmaker SMIC to purchase essential US know-how, the Wall Road Journal reported on Thursday.

Some Commerce Division officers are attempting to dam the Defence Division’s proposal, the Journal added, citing folks accustomed to the matter.

Semiconductor Manufacturing Worldwide Company (SMIC) was added to a US blacklist final yr that denies it entry to superior manufacturing gear from US suppliers as a result of its alleged ties to China’s navy, claims that the corporate rejects.

SMIC, China’s largest contract chipmaker, didn’t instantly reply to a request for touch upon the report.

Within the coming months, US officers are additionally contemplating including extra Chinese language know-how corporations to the Commerce Division’s entity record and to the Treasury record banning US funding, the Journal added.

On Wednesday, the US Home of Representatives handed laws to ban imports from China’s Xinjiang area over considerations about pressured labour.

© Thomson Reuters 2021

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