U.S. imposes curbs on exports to China's top chipmaker SMIC
SHANGHAI/WASHINGTON (Reuters) - The United States government has imposed restrictions on exports to China’s biggest silicon chip maker after concluding there is an “unacceptable risk” that equipment supplied to it could be used for military purposes.
Suppliers of certain equipment to Semiconductor Manufacturing International Corporation (SMIC) will now have to apply for individual export licenses, according to a letter from the Commerce Department dated Friday and seen by Reuters.