The US imposes restrictions on SMIC, China's largest chip maker

And the US-China technology war is holding up well. The US now bans US companies from supplying SMIC with materials.

The Financial Times reports that the US was imposing export restrictions on SMIC (Semiconductor Manufacturing International Corp), the largest manufacturer of China, meaning US companies will need a license to export materials to it.

According to the US Department of Commerce, there is an "unacceptable risk" that SMIC products could be used for military purposes. SMIC, for its part, has refused to make parts specifically for military use and denies any connection to the Chinese armed forces.

About 50% of SMIC's equipment comes from the United States, and disrupting its supply chain can affect its production of CMOS sensors, fingerprint sensor ICs, and power management ICs.

The new ban is not as strict as the one imposed on Huawei. However, the US may also take further measures. MrChina's Foreign Ministry spokesman Zhao Lijian accused the US of "blatant intimidation".

The ultimate goal of the US strategy is unclear, as moving Chinese industry away from US sources will ultimately hurt US companies, upset the US trade balance with China and reduce US influence in China, with no clear gain. .

What is the ultimate purpose of ίσως θα χρειαστεί αρκετός χρόνος για να τον δούμε. Ίσως τον δούμε μόνο εκ του τελικού αποτελέσματος. Στην αγορά πάντως έχει αρχίσει και φαίνεται η πρακτική των ΗΠΑ εναντίων των Κινέζικων εταιρειών, καθώς αρκετές εταιρείες of electronic products, such as Dahua, Huawei cameras are unable to make immediate deliveries, due to shortages of raw materials.

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Written by Dimitris

Dimitris hates on Mondays .....

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