November 2, 2024

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US tightens trade restrictions on Chinese chipmaker SMIC

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US tightens trade restrictions on Chinese chipmaker SMIC

Illustration by Alex Castro / The Verge. Article by

The new rule requires US firms to get a license before importing products to the company

The US Commerce Department has added China’s largest chipmaker, Semiconductor Manufacturing International Corporation (SMIC), to its entity list, after it determined there is an “unacceptable risk” that equipment SMIC received could be used for military purposes, Reuters reported. The move blocks US computer […]

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