2023-08-23 06:06:07
agency quotedbloombergOn Tuesday, the Semiconductor Industry Association in Washington warned that the Chinese company, Huawei, was “secretly building” a group of semiconductor manufacturing facilities across the country, with the aim of circumventing US sanctions.
The association said that the Chinese technology giant entered the field of chip production last year, and “receives funding from the state estimated at $ 30 billion.”
She added that Huawei “acquired at least two existing factories, and is working on constructing 3 other factories.”
The US Department of Commerce had included Huawei on its export restriction list in 2019, due to security concerns. The company denies it poses a security risk.
According to the “Bloomberg” report, Huawei’s building factories in the name of other companies, as the Semiconductor Industry Association says, would enable it to “circumvent the restrictions imposed by Washington, and to buy American equipment for the chip industry indirectly.”
Neither the Chinese company nor the association have yet responded to Archyde.com’ requests for comment.
The US Department of Commerce’s Bureau of Industry and Security said in response to questions from Bloomberg regarding the semiconductor industry association’s warnings, which have not been previously reported, that it is “monitoring the situation and stands ready to take action if necessary.”
The United States has placed Huawei on a trade blacklist, which prevents most suppliers from sending goods and technology to the company unless they obtain a license.
Officials continue to tighten restrictions to prevent the company from buying or designing the semiconductor chips that make most of its products.
The Biden administration imposed export controls last October, which prevented all Chinese companies from obtaining some advanced semiconductors and chipmaking equipment, a move aimed at restricting the country’s military capabilities.
Chinese companies are largely allowed to buy older-generation chipmaking equipment, machines that use 28nm technology or higher, but blacklisted companies such as Huawei are barred from such purchases without a license, and exceptions are “rare”, she says. Bloomberg”.
On the other hand, the Chinese Communist Party criticized the US government for the restrictions it imposed on technology exports to the country, arguing that “the United States is trying to contain the country’s economic growth.”
Beijing also pledged to “develop its own domestic alternatives to chips, production machinery and important technical components”.
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