© Reuters. Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, on this illustration image taken February 17, 2023. REUTERS/Florence Lo/Illustration
(Reuters) -The US is weighing sanctions on a number of Chinese language tech corporations, together with chipmaker ChangXin Reminiscence Applied sciences, in a bid to additional restrain China’s improvement of superior semiconductors, Bloomberg Information mentioned on Friday.
Citing folks acquainted with the matter, it mentioned the commerce division’s bureau of business and safety was contemplating including ChangXin to the so-called entity checklist that restricts entry to U.S. know-how, together with 5 extra Chinese language companies.
The division, and the bureau didn’t instantly reply to Reuters’ requests for remark.
ChangXin Reminiscence Applied sciences mentioned it “focuses on producing commodity DRAM reminiscence chips for on a regular basis shopper merchandise, with a selected concentrate on civilian and business functions.”
The corporate complies with U.S export laws, it mentioned in a press release despatched to Reuters on Sunday.
Reuters has reported that the US moved final 12 months to disclaim American imports to a serious SMIC plant after it produced the chip powering Huawei’s Mate 60 Professional telephone.
The efforts halted thousands and thousands of {dollars} price of shipments of chipmaking supplies and components from not less than one provider, Entegris (NASDAQ:).
The US has moved aggressively in current months to halt shipments to China of extra superior AI chips, in its efforts to cease Beijing receiving cutting-edge U.S. applied sciences that might strengthen its navy.
