On Monday, the United States will begin the third sanctions regime in three years against the Chinese semiconductor industry, including restricting the exports of 140 companies. Reports UNN with reference to Reuters.
The US is dealing a new blow to Chinese chips: efforts to thwart Beijing's chip manufacturing ambitions will hit China's semiconductor instrument makers.
We are talking in particular about Protech chips (688072.SS) - they will be added to the list of entities that prohibit American suppliers from delivering to them without first obtaining a special license.
According to sources, among the Chinese companies facing the new restrictions are nearly two dozen semiconductor companies, two investment firms and more than 100 chip manufacturers.
Context
In recent years, China has stepped up its desire to become self-sufficient in the semiconductor sector, as the United States and other countries have restricted exports of advanced chips and tools for their production.
The new move marks one of the latest large-scale attempts by the Biden administration to hinder China's ability to access and produce chips that could promote artificial intelligence for military applications or otherwise threaten US national security.
This comes just weeks before the swearing-in of former Republican President Donald Trump, who is expected to leave many of Biden's tough measures against China in place.
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