Newest US commerce restrictions reportedly set to hit China's semiconductor business

The newest measures will see the US add roughly a dozen Chinese language toolmakers and their subsidiaries/associates to the Commerce Division’s restricted commerce listing. In complete, this may limit exports to 140 corporations in what’s the third crackdown in three years on the Chinese language semiconductor business.

This might be one in every of Biden’s final strikes in attempting to hinder China when it comes to accessing and producing chips, which can be utilized to advance their AI or army functions amongst different issues.

The sources famous that two dozen semiconductor corporations might be slapped with these restrictions. In the meantime, there might be over 100 chipmaking device makers impacted as properly. In essence, these corporations might be added to the entity listing, which bars US suppliers from buying and selling with them with out particular approval.

This text was written by Justin Low at www.ubaidahsan.com.



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