U.S Tightens Trade Restrictions On China
The U.S. Commerce Department has added China’s largest chipmaker, Semiconductor Manufacturing International Corporation (SMIC), to its entity list, after it determined there an “unacceptable risk” that equipment SMIC received could be used for military purposes.
The move blocks U.S. computer chip companies from exporting technology to SMIC without an export license. SMIC is the latest major Chinese firm to be put on the entity list; the Trump administration added phone manufacturer Huawei to the list in 2019.
The Commerce Department wrote in a letter to the computer chip industry on Friday that exporting products to SMIC would “pose an unacceptable risk of diversion to a military end use in the People’s Republic of China.”
In April, the administration tightened export rules on shipping goods to China. It claims it’s seeking to keep U.S. companies from selling products that could be used to help strengthen the Chinese military.
SMIC said in a statement that it makes semiconductors and provides services “solely for commercial end-users and end-uses,” and that it has “no relationship with the Chinese military and does not manufacture for any military end-users or end-uses.”
At Dallas Network Services, we work with a large variety of businesses based in Dallas and Fort Worth (DFW) and the surrounding area such as Addison, Plano, Carrollton, Denton, Richardson, Garland and beyond. We also extend our reach outside the area to include all Texas and other states. We provide on premise server support including Microsoft Exchange as well as Cloud computing services and hosted solutions. We specialize project services, network support, desktop support and voice over IP (VoIP) business phones. Our fully managed IT services will improve your business reliability as well as your bottom line. Contact us today at www.dallasnetworkservices.com chat or call 214-696-6630. #DNS#dallasnetworkservices#techsupport#hacker#cybersecurity#MSP