TRUMP ADMINISTRATION LIKELY TO ADD CHINESE CHIPMAKER SMIC TO DEFENSE BLACKLIST

Highlights

• This move from Trump is likely to escalate existing tensions between the U.S. and China, weeks before the U.S. President-elect Joe Biden takes charge of the White House

• Earlier this month it was reported that the Department of Defense (DOD) was planning to designate additional four companies which were either owned or controlled by Chinese military

• Meanwhile a latest executive order....