of America add on friday Chinatop memory chip manufacturer in YMTC Thirty other Chinese companies were included in the list of companies that U.S. officials could not inspect, escalating tensions with Beijing and starting a 60-day clock that could lead to harsher penalties.
The new list was the first of many new restrictions on technology exports to China aimed at blocking military advances announced on Friday. included restricting access to chip-making tools of Chinese companies such as Yangtze Memory Technology (YMTC).
Bipartisan US senators have called for China’s fast-growing semiconductor maker, YMTC, to be placed on a trade blacklist known as the “entity list.” The company said he was founded in 2016 and poses a “direct threat” to US chip companies. Biden management.
The YMTC and the Chinese Embassy in Washington did not respond to requests for comment.
YMTC is being investigated by the Department of Commerce for violating US export controls by selling chips to blacklisted Chinese telecommunications company Huawei Technologies Co Ltd. iphone In China, it’s a big concern for US lawmakers and the Biden administration.
The company is added to the unverified list after the United States was unable to complete a site visit to determine whether the export of classified technology from the United States can be trusted and accepted. U.S. inspections of Chinese companies require approval from the Chinese Ministry of Commerce.
U.S. exporters will be required to conduct additional due diligence and apply for additional licenses before sending goods to companies on an “unverified list” such as the 31 added Friday. There may be.
Under the Biden administration’s new policy, if the government blocks U.S. officials from conducting site checks on companies on the Unverified List, Washington will begin the process of adding them to the Entity List after 60 days. start.
YMTC’s public listing on the entity would further escalate tensions with Beijing, prompting U.S. suppliers to seek hard-to-get licenses from the U.S. government before shipping even the most low-tech products.
Not all the measures announced on Friday were bad news for China. The US has removed a unit of Wuxi Biologics, the raw material manufacturer for AstraZeneca’s COVID-19 vaccine, from its unconfirmed list. Reuters reported last summer that U.S. officials were able to inspect the Wuxi site, a stepping stone to its delisting.
A spokeswoman for Wuxi Biologics said the company was pleased that its Wuxi site was delisted following June’s inspection. The company is looking forward to scheduling an inspection of its Shanghai subsidiary, which was placed on the unidentified list in February, she added.
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