Unreasonable suppression! The Biden administration announced the latest semiconductor export restrictions to China involving many well-known listed companies
2024-12-03 08:35:58
On Monday local time in the United States, the Biden administration released the latest semiconductor export control measures to China. In addition to adding 136 Chinese entities to the so-called "entity list" and adding restrictions on the export of 24 types of semiconductor manufacturing equipment, 3 types of software tools and HBM chips, it also blatantly interferes with China's normal trade with third-party countries. According to documents released by the U.S. Department of Commerce's Bureau of Industry and Security (BIS) on Monday, 136 Chinese entities were included in the so-called "entity list", covering Chinese semiconductor production equipment manufacturers, wafer fabs and investment institutions. The list shows that a series of well-known listed companies including Northern Huachuang, Tuojing Technology, Wingtech Technology, and BGI Jiutian are on the list. The U.S. Department of Commerce also specially included a separate paragraph in the list, focusing on Huawei's many important partners, including Changguang Jizhi Optics, Peng Xinxu, Xinkailai, Shengweixu, Xinen (Qingdao) Integrated Circuit Co., Ltd., etc. . On December 2, the spokesperson of the Chinese Ministry of Commerce responded to reporters’ questions on the issue of semiconductor export control measures issued by the United States. A spokesman for the Ministry of Commerce said that the US move is a typical act of economic coercion and non-market practice. The United States says one thing and does another, continues to generalize the concept of national security, abuses export control measures, and implements unilateral bullying. China firmly opposes this. (Financial Associated Press)
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