The US is set to launch another major wave of sanctions against China's semiconductor industry today, restricting exports for 140 companies, including chip equipment maker Naura Technology Group.
The US is set to launch another major wave of sanctions against China's semiconductor industry today, restricting exports for 140 companies, including chip equipment maker Naura Technology Group.
This was reported by the Reuters agency, referring to its informed sources.
"Efforts to weaken Beijing's chip manufacturing ambitions will also hit Chinese chipmakers Piotech and SiCarrier Technology with new export restrictions," the agency said.
The package of sanctions, in particular, includes restrictions on the supply of high-bandwidth memory (HBM) chips, which are crucial for high-tech artificial intelligence applications.
The U.S. restrictions will also apply to 24 additional chip-making tools and three software tools, and will affect exports of chip equipment made in countries such as Singapore and Malaysia.
Among the Chinese companies that will face the new restrictions are nearly two dozen semiconductor companies, two investment firms and more than 100 chip makers, the sources said.
U.S. lawmakers say some of the companies, including Swaysure Technology Co, Qingdao SiEn and Shenzhen Pensun Technology Co, are working with China's Huawei Technologies, a telecommunications equipment leader that was once restricted by U.S. sanctions and is now a center of advanced chip manufacturing and development in China.
The US is also ready to impose additional restrictions on Semiconductor Manufacturing International. The US will also for the first time add to the sanctions list two companies that invest in chips, namely Chinese private equity firm Wise Road Capital and technology company Wingtech Technology Co.
At the same time, as Reuters writes, the new package of sanctions may also temporarily harm some US allies, including Japanese and Dutch manufacturers.
We previously reported that the U.S. Department of Commerce may propose a public hearing document banning all Chinese software and hardware from vehicles due to national security concerns.
