UPDATE The administration placed new restrictions on China’s access to U.S. semiconductor technology. It added measures aimed at stopping Beijing’s push to develop its own chip industry and advance the country’s military capabilities.
The Commerce Department added more names to a list of companies that it regards as “unverified,” meaning it doesn’t know where their products end up being used. The 31 additions are all Chinese. That means U.S. suppliers will face new hurdles in selling technologies to those entities, Bloomberg reports. Continue Reading |
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