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SMIC


The Trump administration is poised to add China’s top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and sources, curbing their access to US investors and escalating tensions with Beijing weeks before President-elect Joe Biden takes office. Reuters reported earlier this month …

The letter said the licensing regime will be in place “pending the U.S. government’s review of SMIC and its subsidiaries.” The Pentagon earlier this month said the Trump administration was considering adding SMIC to the Entity List, a trade blacklist that would block U.S. technology sales unless companies receive a license. The Commerce Department “has …

The United States government has imposed restrictions on exports to China’s biggest silicon chip maker after concluding there is an “unacceptable risk” that equipment supplied to it could be used for military purposes. Suppliers of certain equipment to Semiconductor Manufacturing International Corporation (SMIC) will now have to apply for individual export licenses, according to a …