By The Opinion
02 Dec 2024, 22:47 PM EST
The United States launched its third offensive in three years against China’s semiconductor industryrestricting exports to 140 companies, including chip equipment maker Naura Technology Group.
Effort to curb Beijing’s chipmaking ambitions also hits Chinese chip tooling makers Piotech, ACM Research and SiCarrier Technology include new export restrictions as part of package, which also targets memory chip shipments advanced and more chip manufacturing tools to China.
This is the third large block of restrictions announced by Joe Biden’s Government in the last three years and that, like the rest, has been designed to limit China’s access to the world’s most advanced microchips, essential for the development of military artificial intelligence and other applications.
Before the official announcement, Secretary of Commerce Gina Raimondo called these measures “the strictest controls ever implemented by the United States to degrade China’s ability to manufacture the most advanced chips they use in their military modernization.”
The Biden Administration has insisted in recent years that The security of the United States could be endangered if China manages to produce these extremely advanced chips.
Among the Chinese companies facing new restrictions are nearly two dozen semiconductor companies, two investment firms and more than 100 chipmaking tool makers.
The companies include Swaysure Technology Co, Si’En Qingdao and Shenzhen Pensun Technology Co, which work with China’s Huawei Technologies, the telecommunications equipment leader that has been hurt by US sanctions and is now at the center of the China’s advanced chip production and development.
According to the Financial Times, Japan and the Netherlands will be exempt from these restrictions. Both countries, along with the United States, dominate the production of advanced chipmaking equipment and will be free to set their own standards.
This new package of restrictions comes a few weeks before, on January 20, 2025, Joe Biden leaves the White House and Donald Trump, who He is expected to maintain many of Biden’s heavy-handed policies toward China in the technology space.
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