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In its earnings call last Friday, the Chinese company Semiconductor Manufacturing International Corporation (SMIC) announced that newly introduced U.S. export controls would affect its upcoming earnings.
At a recent Congressional hearing, a senior Bureau of Industry and Security (BIS) official testified and answered questions on a number of issues related to China's compliance with U.S. sanctions and its access to U.S. technology.
For several years now, during both the Trump and Biden administrations, the United States has been pushing the government of the Netherlands to restrict the export to China of a machine made by Dutch company ASML that is crucial for semiconductor production. This article provides an overview of ASML and
Congressional Republicans Urge Commerce Department to Strengthen Entity List Rules for China’s Semiconductor Manufacturing International Corporation
Last week, U.S. Senator Marco Rubio (R-FL) and U.S. Representative Michael McCaul (R-TX) sent a letter to Commerce Department Secretary Raimondo in which they urged the Department "to strengthen Entity List rules for China’s Semiconductor Manufacturing International Corporation (SMIC)" and expressed concern that "Beijing may divert technology
Republican Senators Tom Cotton of Arkansas and Bill Hagerty of Tennessee sent a letter yesterday to Commerce Secretary Gina Raimondo, applauding reports that Commerce may strengthen export controls in relation to Chinese semiconductor company SMIC, while pressing Raimondo on issues related to the implementation of possible changes.
House Foreign Affairs Committee Releases Data on Export License Decisions Related to Huawei and SMIC
The Foreign Affairs Committee of the U.S. House of Representatives decided to disclose aggregated data from the Commerce Department on licensing decisions for possible sales to Chinese telecoms company Huawei and semiconductor company SMIC for the six month period from November 2020 to April 2021. These companies are on