Sunday, September 25, 2022
HomeDigit NewsUS May Introduce Additional Measures Against SMIC

US May Introduce Additional Measures Against SMIC


According to the Wall Street Journal, US officials are considering discussing a Defense Department proposal this month to close regulatory loopholes that allowed the Chinese chipmaker Semiconductor Manufacturing International Corporation (SMIC) to retain access to “critical US technology.”

Informants familiar with the matter say some Commerce officials are trying to block the Defense Department’s proposal.

SMIC has been added to the US blacklist In the past year. This deprives her of access to advanced production equipment. The reason for the blacklisting was SMIC’s alleged links with the Chinese military. The company itself has denied the accusations.

.

- Advertisement -
MOBILE

Auto

Two Wheeler

BUSINESS AND FINANCE

Digit News