In a move to curb China’s semiconductor industry, the United States has implemented new export restrictions on 140 companies, including chip equipment makers such as Naura Technology Group, Piotech, ACM Research, and SiCarrier Technology. These restrictions also target shipments of advanced memory chips and chipmaking tools to China, aiming to prevent the country from advancing its semiconductor manufacturing system for military applications and national security concerns.
The new restrictions, part of the Biden administration’s efforts, include curbs on high-bandwidth memory chips, chipmaking tools, and chipmaking equipment made in countries like Singapore and Malaysia. These measures will impact companies like Lam Research, KLA, and Applied Materials.
Chinese companies affected by the restrictions include semiconductor companies, investment companies, and chipmaking tool makers, such as Swaysure Technology Co., Si’En Qingdao, and Shenzhen Pensun Technology Co. These companies, along with Huawei Technologies, will be added to the entity list, barring U.S. suppliers from shipping to them without a special license.
China has criticized the U.S. restrictions as economic coercion and non-market practices, pledging to safeguard the rights and interests of its firms. China has been working towards self-sufficiency in the semiconductor sector but remains behind industry leaders like Nvidia and ASML.
The U.S. will also impose additional restrictions on Semiconductor Manufacturing International Co. and add three companies that make investments in chips to the entity list, including Chinese private equity firm Wise Road Capital. The new package will limit exports of chipmaking equipment by U.S., Japanese, and Dutch manufacturers to certain chip plants in China, affecting U.S. allies as well. These measures are part of the third major package of chip-related export curbs on China adopted under the Biden administration.
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