• Latest
  • Trending
  • All
  • Business

US Tightens Exports to China’s Chipmaker SMIC, Citing Risk of Military Use

September 27, 2020

Switching to Signal? 5 Tips and Tricks You Need to Know

January 11, 2021

The Best Wireless Bluetooth Headphones and Earphones Under Rs. 5,000 [January 2021]

January 5, 2021

Vivo Y31s Price and Specifications Leak Online, Snapdragon 4-Series 5G SoC Tipped

December 30, 2020

RTGS Money Transfer Service To Be Operational 24×7 From December 14; All You Need To Know

December 10, 2020

Micromax In 1B First Impressions

November 24, 2020

Barack Obama Dials People To Vote For Joe Biden, A Baby Interrupts

November 2, 2020

Facebook Moderators Pressured to Return to Hyderabad Office Despite COVID-19 Concerns: Report

October 22, 2020

Apple Event Invite for October 13 Points to iPhone 12 Models’ Launch

October 6, 2020

Microsoft Buys Bethesda-Owner ZeniMax for $7.5 Billion

September 21, 2020

Apple Watch Series 6, iPad Air (2020), Apple One to Launch Soon: Live Updates From Apple Event

September 15, 2020

Personally Have No Problem Selling Advanced F-35 Planes To UAE, Says Donald Trump

October 18, 2020

Oxford Vaccine Trials Resume In UK, Were Paused Over Volunteer’s Illness

September 12, 2020

UK Police Launch Murder Probe After Mass Stabbing

September 6, 2020

Reliance Hires Indian Oil Ex-Chairman To Lead Oil-To-Chemical Business

August 26, 2020

Apple Days Sale: iPhone SE (2020) and iPhone XR Get Price Cuts on Flipkart

August 22, 2020

‘Apple One’ Subscription Bundles on Cards as Apple Eyes Services Business Boost: Report

August 13, 2020

HTC Wildfire E2 With Dual Rear Cameras, 4,000mAh Battery Goes on Sale Ahead of Official Launch

August 7, 2020

Twitter Being Probed by US FTC Over Ad Targeting Practices

August 4, 2020

Realme Buds 3 Set to Debut in India in August, Realme Laptop May Launch as Well

August 1, 2020

Can Apple’s 24×7 Services Store-Front Make Up for Falling iPhone Sales?

July 29, 2020
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
  • About
Friday, January 15, 2021
  • Login
Myapkpure
  • Home
  • Bollywood
  • Business
  • National
  • sports
  • Technology
No Result
View All Result
Myapkpure
No Result
View All Result
Home Technology

US Tightens Exports to China’s Chipmaker SMIC, Citing Risk of Military Use

by service@myapkpure.com
September 27, 2020
in Technology
0
501
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

The United States has imposed restrictions on exports to China’s biggest chip maker SMIC after concluding there is an “unacceptable risk” equipment supplied to it could be used for military purposes.

Suppliers of certain equipment to Semiconductor Manufacturing International Corporation will now have to apply for individual export licenses, according to a letter from the Commerce Department dated Friday and seen by Reuters.

The latest move marks a shift in US policy from earlier this year, when applicants seeking “military end user” licences to sell to SMIC were told by the Commerce Department that the licenses weren’t necessary, according to three people familiar with the matter.

SMIC said it had not received any official notice of the restrictions and said it has no ties with the Chinese military.

“SMIC reiterates that it manufactures semiconductors and provides services solely for civilian and commercial end-users and end-uses,” SMIC said.

“The Company has no relationship with the Chinese military and does not manufacture for any military end-users or end-uses.”

SMIC is the latest leading Chinese technology company to face U.S. trade restrictions related to national security issues or U.S. foreign policy efforts. Telecoms giant Huawei Technologies had its access to high-end chips curtailed by its addition to a Commerce Department blacklist known as the entity list.

“There’s been a lot of coverage on the Trump administration’s actions regarding TikTok, but the more significant action – from a global economic standpoint and that will have considerable ripple effects through global supply chains – are the increasing restrictions on SMIC and other Chinese national champions like Huawei,” said Nicholas Klein, a Washington lawyer who specializes in international trade. He said these actions are more likely to draw a retaliatory response from Beijing.

The United States has moved to ban the popular short video app TikTok, citing national security concerns stemming from its Chinese ownership.

SMIC’s new designation is not as severe as being blacklisted, which makes it difficult to get any export license approved.

The Pentagon earlier this month, Reuters was first to report, said it was working with other agencies to determine whether to blacklist SMIC for its purported links to the Chinese military.

US companies including Lam Research, KLA, and Applied Materials, which supply chipmaking equipment, may now need to get licenses to ship certain goods to SMIC.

It is unclear which suppliers received the letter, but typically once the Commerce Department comes to the conclusion that there is a risk of military use or diversion, it sends that information to the companies.

The Commerce Department’s Bureau of Industry and Security declined on Saturday to comment specifically on SMIC, but said it was “constantly monitoring and assessing any potential threats to U.S. national security and foreign policy interests”.

The administration has increasingly trained its focus on Chinese companies that bolster Beijing’s military. Last month, the United States blacklisted 24 Chinese companies and targeted people it said were part of construction and military actions in the South China Sea, its first such sanctions against Beijing over the disputed strategic waterway.

© Thomson Reuters 2020

Share200Tweet125Share50
service@myapkpure.com

service@myapkpure.com

  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
  • About

Copyright © 2020 JNews.

No Result
View All Result
  • Home
  • Bollywood
  • Business
  • National
  • sports
  • Technology

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In