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U.S. considers banning key exports to Chinese chipmaker SMIC

by Mike Robinson

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© Reuters. FILE PHOTO: A emblem of Semiconductor Manufacturing Worldwide Company (SMIC) is seen at China Worldwide Semiconductor Expo (IC China 2020) following the coronavirus illness (COVID-19) outbreak in Shanghai, China October 14, 2020. REUTERS/Aly Son

(Reuters) – U.S. officers are contemplating discussing a Protection Division proposal this month to shut regulatory loopholes which have allowed Chinese language chipmaker SMIC to purchase crucial U.S. know-how, the Wall Road Journal reported on Thursday.

Some Commerce Division officers try to dam the Protection Division’s proposal, the Journal added, citing individuals aware of the matter.

Semiconductor Manufacturing Worldwide Corp (SMIC) was added to a U.S. blacklist final yr that denies it entry to superior manufacturing tools from U.S. suppliers on account of its alleged ties to China’s navy, claims that the corporate rejects.

SMIC, China’s largest contract chipmaker, didn’t instantly reply to a request for touch upon the report.

Within the coming months, U.S. officers are additionally contemplating including extra Chinese language know-how corporations to the Commerce Division’s entity record and to the Treasury record banning U.S. funding, the Journal added.

On Wednesday, the U.S. Home of Representatives handed laws to ban imports from China’s Xinjiang area over issues about compelled labor.

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