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US wants to ban Chinese chip maker SMIC

December 11, 2021
Source: fuentitech.com fuentitech.com
News Snapshot:
China is currently making every effort to gain silicon independence. According to the ruling party’s plan, by 2025, at least 70% of Chinese chips should be locally produced. A special role in achieving this goal has been assigned to the Semiconductor Manufacturing International Corp (SMIC), which is actively developing advanced technologies in the manufacture of semiconductor products. It is logical that the United States, which is also aiming to be a leader in the industry, is closely following SMIC, and there are many predictions that the White House is ready to release sanctions on the company. There are rumors that...
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Tags: ban | blacklist | boycott | CEO | chairman | China | Chinese | chip | chips | co-CEO | development | equipment | international | IT | legal | manufacturing | military | national security | Peace | Sanctions | semiconductor | SMIC | technology | United States | White House

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