Tue, December 3, 2024
[ Tue, Dec 03rd 2024 ]: Tim Hastings
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[ Mon, Dec 02nd 2024 ]: Tim Hastings
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Biden administration hits out at China's chip industry with export controls

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According to the Commerce Department's Bureau of Industry and Security, the new export controls will see over 100 Chinese chipmaking tool manufacturers placed on a restricted trade list, which will prohibit U.S. firms from sending them equipment without permission from the U.S. government.
The Biden administration has imposed new export controls targeting China's semiconductor industry, aiming to restrict its access to advanced chip technology. These measures include adding more Chinese companies to the U.S. Commerce Department's Entity List, which requires licenses for the export, re-export, and transfer of certain technologies. The controls are part of a broader strategy to curb China's technological and military advancements, focusing on technologies that could have military applications. This move has sparked concerns about potential retaliation from China and its impact on global supply chains, with industry leaders expressing worries about the escalation of the U.S.-China tech war. The administration's actions are seen as an attempt to maintain U.S. technological superiority while navigating the complex geopolitical landscape.

Read the Full SiliconANGLE Article at:
[ https://siliconangle.com/2024/12/02/biden-administration-hits-chinas-chip-industry-export-controls/ ]