Reuters Quotes US Defense Department: SMIC May Be Added to Trade Blacklist
[Reuters' update: SMIC has since issued a statement expressing “shock” at the news and denying ties to the Chinese military.]
Tensions continue as the US moves to crack down on Chinese tech companies with Huawei, ZTE, and Hikvision bearing the brunt of the blow. Citing a US Defense Department spokesperson, Reuters reported on 5 September that the US intends to add Semiconductor Manufacturing International Corporation (SMIC) (SEHK: 0981.HK), China’s largest chipmaker, to its trade blacklist. SMIC and the Chinese Embassy in the US have not yet responded to the statement.
According to Reuters’ report, the US Defense Department is working with other agencies to determine whether to take action against SMIC without disclosing its motivations. Reuters was told that the Defense Department had written a proposal earlier recommending that the Commerce Department add SMIC to its list of entities. If the action is taken, US companies will be required to obtain a license before exporting goods containing American microchip technology to SMIC.
Washington is evaluating SMIC’s relationship with the Chinese military
SMIC is China’s largest chipmaker. Though being weaker, the company sees Taiwan Semiconductor Manufacturing Company (TSMC), the industry leader, as its main competitor. With the US announcing sanctions against Huawei, SMIC took an indirect hit being one of the telecom equipment manufacturer’s chip suppliers. Reuters also quoted an official as saying that Washington was evaluating SMIC’s relationship with the Chinese military.
Source: Stand News #Sep05
#US #China #SMIC #Trade #Sanction
https://bit.ly/2GHQhgU
[Reuters' update: SMIC has since issued a statement expressing “shock” at the news and denying ties to the Chinese military.]
Tensions continue as the US moves to crack down on Chinese tech companies with Huawei, ZTE, and Hikvision bearing the brunt of the blow. Citing a US Defense Department spokesperson, Reuters reported on 5 September that the US intends to add Semiconductor Manufacturing International Corporation (SMIC) (SEHK: 0981.HK), China’s largest chipmaker, to its trade blacklist. SMIC and the Chinese Embassy in the US have not yet responded to the statement.
According to Reuters’ report, the US Defense Department is working with other agencies to determine whether to take action against SMIC without disclosing its motivations. Reuters was told that the Defense Department had written a proposal earlier recommending that the Commerce Department add SMIC to its list of entities. If the action is taken, US companies will be required to obtain a license before exporting goods containing American microchip technology to SMIC.
Washington is evaluating SMIC’s relationship with the Chinese military
SMIC is China’s largest chipmaker. Though being weaker, the company sees Taiwan Semiconductor Manufacturing Company (TSMC), the industry leader, as its main competitor. With the US announcing sanctions against Huawei, SMIC took an indirect hit being one of the telecom equipment manufacturer’s chip suppliers. Reuters also quoted an official as saying that Washington was evaluating SMIC’s relationship with the Chinese military.
Source: Stand News #Sep05
#US #China #SMIC #Trade #Sanction
https://bit.ly/2GHQhgU
US to Sanction SMIC, Companies Must Have Licence Before Exporting Technology to SMIC
The Financial Times has reported that the US government will sanction SMIC, China’s largest chip manufacturer. The report quoted the US authorities as saying that exports to SMIC may be used for military purposes and pose “unacceptable risk.” The authorities have instructed American companies to obtain a licence before exporting software and chip-making equipment to SMIC.
According to the Financial Times, the US commerce department sent a letter on 25 September to notify companies of relevant arrangements. Paul Triolo, head of technology policy analysis at the political risk consultancy Eurasia Group, said SMIC will be “completely cut off” in the worst-case scenario, which “will seriously affect China’s ability to manufacture chips” and will also affect US-China relations.
Source: Stand News #Sep26
#US #China #SMIC #Sanction #Trade #Diplomacy
https://bit.ly/3ngd8RC
The Financial Times has reported that the US government will sanction SMIC, China’s largest chip manufacturer. The report quoted the US authorities as saying that exports to SMIC may be used for military purposes and pose “unacceptable risk.” The authorities have instructed American companies to obtain a licence before exporting software and chip-making equipment to SMIC.
According to the Financial Times, the US commerce department sent a letter on 25 September to notify companies of relevant arrangements. Paul Triolo, head of technology policy analysis at the political risk consultancy Eurasia Group, said SMIC will be “completely cut off” in the worst-case scenario, which “will seriously affect China’s ability to manufacture chips” and will also affect US-China relations.
Source: Stand News #Sep26
#US #China #SMIC #Sanction #Trade #Diplomacy
https://bit.ly/3ngd8RC
US Defense Adds SMIC and CNOOC to Blacklist
The US Department of Defense added four more Chinese companies, including SMIC and CNOOC, with alleged ties to the Chinese military restricting them from receiving certain goods and services from the US.
According to the US Department of Defense, Semiconductor Manufacturing International Corp. (SMIC), China National Offshore Oil Corp. (CNOOC), China International Engineering Consulting Corp., and China Construction Technology Co. are controlled or owned by the Chinese military, bringing the total number of blacklisted Chinese firms to 35.
In September, the US Department of Defense indicated that it was working on a decision on blacklisting SMIC. In the same month, the US Department of Commerce informed some companies that they need to obtain a license before supplying goods and services to SMIC as the products or equipment supplied could be used for military purposes and pose an “unacceptable risk”.
Source: Stand News #Dec04
https://bit.ly/3gGSNle
#US #DepartmentofDefense #Blacklist #PLA #SMIC #CNOOC
The US Department of Defense added four more Chinese companies, including SMIC and CNOOC, with alleged ties to the Chinese military restricting them from receiving certain goods and services from the US.
According to the US Department of Defense, Semiconductor Manufacturing International Corp. (SMIC), China National Offshore Oil Corp. (CNOOC), China International Engineering Consulting Corp., and China Construction Technology Co. are controlled or owned by the Chinese military, bringing the total number of blacklisted Chinese firms to 35.
In September, the US Department of Defense indicated that it was working on a decision on blacklisting SMIC. In the same month, the US Department of Commerce informed some companies that they need to obtain a license before supplying goods and services to SMIC as the products or equipment supplied could be used for military purposes and pose an “unacceptable risk”.
Source: Stand News #Dec04
https://bit.ly/3gGSNle
#US #DepartmentofDefense #Blacklist #PLA #SMIC #CNOOC
#Pentagon blacklists China chipmaker SMIC and oil producer CNOOC
The Department of Defense designated a total of four companies as being either owned or controlled by the People’s Liberation Army, including China’s largest chipmarker, SMIC and national offshore oil and gas producer, CNOOC. The total number of blacklisted firms is 35 after adding these 4 companies.
U.S. officials have long complained that Chinese companies are beholden to the People’s Republic of China and collect sensitive information on behalf of the People’s Liberation Army.
The U.S. Commerce Department informed some firms that a license is needed before supplying goods and services to SMIC which equipment could be used for military purpose. SMIC replies heavily on U.S. suppliers.
Source: CNBC #Dec03
https://www.cnbc.com/2020/12/03/pentagon-blacklists-china-chipmaker-smic-and-oil-producer-cnooc-.html
#USSanction #SMIC #CNOOC #China #PLA #CCP
The Department of Defense designated a total of four companies as being either owned or controlled by the People’s Liberation Army, including China’s largest chipmarker, SMIC and national offshore oil and gas producer, CNOOC. The total number of blacklisted firms is 35 after adding these 4 companies.
U.S. officials have long complained that Chinese companies are beholden to the People’s Republic of China and collect sensitive information on behalf of the People’s Liberation Army.
The U.S. Commerce Department informed some firms that a license is needed before supplying goods and services to SMIC which equipment could be used for military purpose. SMIC replies heavily on U.S. suppliers.
Source: CNBC #Dec03
https://www.cnbc.com/2020/12/03/pentagon-blacklists-china-chipmaker-smic-and-oil-producer-cnooc-.html
#USSanction #SMIC #CNOOC #China #PLA #CCP
60 Chinese and Hong Kong Enterprises Including SMIC and DJI Added to US Department of Commerce Entity List
US Department of Commerce added 60 Chinese and Hong Kong companies, including chipmaker SMIC and drone manufacturer DJI, to its Entity List on 18 December for their ties to the Chinese military.
The US Department of Commerce has added 77 companies to the Entity List recently, including 59 Chinese companies and one Hong Kong company. The Department of Commerce stated that these companies have been involved in activities contrary to the national security or foreign policy interests of the United States, include enabling China human right abuse, supporting the militarization and unlawful maritime claims in the South China Sea, acquiring U.S.-origin items in support of the People’s Liberation Army’s programs, and engaging in the theft of U.S. trade secrets.
Among these entities, SMIC has been accused of being involved in China's military-civilian fusion (MCF) program, with evidences of activities tied to the Chinese military industrial complex. The Secretary of Commerce Department Wilbur Ross stated that it is making sure that China is not able to leverage U.S. technologies, through SMIC, to support its military modernization, and emphasized that it is a necessary measure.
Source from: Stand News #Dec19
#UnitedStates #China #CCP #HongKong #SMIC #DJI #NationalSecurity #HumanRights #USChinaRelation #PLA #SouthChinaSea #EntityList
US Department of Commerce added 60 Chinese and Hong Kong companies, including chipmaker SMIC and drone manufacturer DJI, to its Entity List on 18 December for their ties to the Chinese military.
The US Department of Commerce has added 77 companies to the Entity List recently, including 59 Chinese companies and one Hong Kong company. The Department of Commerce stated that these companies have been involved in activities contrary to the national security or foreign policy interests of the United States, include enabling China human right abuse, supporting the militarization and unlawful maritime claims in the South China Sea, acquiring U.S.-origin items in support of the People’s Liberation Army’s programs, and engaging in the theft of U.S. trade secrets.
Among these entities, SMIC has been accused of being involved in China's military-civilian fusion (MCF) program, with evidences of activities tied to the Chinese military industrial complex. The Secretary of Commerce Department Wilbur Ross stated that it is making sure that China is not able to leverage U.S. technologies, through SMIC, to support its military modernization, and emphasized that it is a necessary measure.
Source from: Stand News #Dec19
#UnitedStates #China #CCP #HongKong #SMIC #DJI #NationalSecurity #HumanRights #USChinaRelation #PLA #SouthChinaSea #EntityList