Trump administration reportedly weighing adding China's chipmaker SMIC to blacklist

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WASHINGTON (REUTERS) - The Trump administration is considering whether to add China's top chipmaker SMIC to a trade blacklist, a Defence Department official said on Friday (Sept 4), as the United States escalates its crackdown on Chinese companies.. Read more at straitstimes.com.

WASHINGTON - The Trump administration is considering whether to add China's top chipmaker SMIC to a trade blacklist, a Defence Department official said on Friday , as the United States escalates its crackdown on Chinese companies.

The Trump administration has often used the entity list - which now includes more than 275 China-based firms - to hit key Chinese industries, from telecoms equipment giants Huawei Technologies and ZTE over sanction violations, to surveillance camera maker Hikvision over suppression of China's Uighur minority.

But it is also facing new restrictions from the Commerce Department that require Huawei's chip manufacturers to seek US licences before producing chips for the telecoms giant, if they rely on US chipmaking technology. SMIC is one of Huawei's manufacturers. While the Pentagon official did not outline the reasons for the action, SMIC's relationship to the Chinese military is under scrutiny, another U.S. official and two former officials briefed on the matter said.

Source: News Formal (newsformal.com)

 

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