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U.S. IMPOSES RESTRICTIONS ON EXPORTS TO CHINA’S BIGGEST CHIPMAKER SMIC

Published On 26 Sep 2020 06:59 PM


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Highlights

• According to letter from the Commerce Department, suppliers of certain equipment to Semiconductor Manufacturing International Corporation (SMIC) will now have to apply for individual export licenses

• The Chinese chipmaker clearly said that it has not received any official notice of the restrictions and clarified that it has no ties with the Chinese military.

• SMIC said the SMIC reiter....


Tags : US economy, SMIC, Commerce Department, Huawei, ,
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