US trade sanctions on Chinese companies Huawei and ZTE were just the beginning. Which will now be taken further.
The U.S. Department of Defense has confirmed that the agency is considering blacklisting China’s largest chip company, Semiconductor Manufacturing International Corp. (SMIC), to ban trade with U.S. companies.
If the ban goes through, SMIC will suffer a severe blow as it will lose US equipment to manufacture and test the chips.
The report quoted sources as saying that there are concerns that the SMIC could potentially provide support to China’s defense infrastructure.
American defense contractor SOS International recently claimed in a report that SMIC is working with a major Chinese defense company, while university research projects linked to the Chinese military also use SMIC’s technology. is being used.
SMIC, on the other hand, denied the allegations in a statement, stressing that it only provides chips and services for civilian use.
The statement said that Kumini has no connection with the Chinese army.
If the US blacklists SMIC, it will further intensify the trade war between the US and China, while the company will also face serious difficulties.
In fact, doing so would not work for Huawei and other Chinese technology companies that are already facing various problems as a result of the sanctions.
China, on the other hand, will retaliate by targeting American companies that rely on Chinese equipment.
It should be noted that the US blacklisted Huawei last year and made access to US parts and technology subject to the issuance of a license.
These restrictions were tightened in May this year, preventing companies around the world that use American technology from manufacturing parts for Huawei.
As a result of the US sanctions, Huawei is now facing problems in making processor chips to manufacture its smartphones.
Last month, these restrictions were tightened in May this year, preventing companies around the world that use American technology from manufacturing parts for Huawei.
“It will be a big loss for us,” he said during a conference. “Unfortunately, due to the second phase of US sanctions, our chip producers can only accept orders until May 15 and production will stop on September 15, which is Huawei Kirin.” The last batch of chips will be there’.
He said that Huawei smartphones production will have neither chips nor supply.
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2024-08-01 18:45:56
