U.S. sanctions another Chinese tech firm and threatens to put it on the Entity List
The United States is once again trying to bring pain to a Chinese technology company, this time the International Corporation of Semiconductor Products (SMIC). According to the Financial Times, U.S. companies must obtain a license before allowing certain goods to be shipped to China’s largest foundation. The U.S. fears that there is an “unacceptable risk” […]
SMIC has come under attack from the United States
Kevin Wolf, Akin Gump’s export control lawyer, and a senior official in the Commerce Department can explain the difference between the military’s end use laws that SMIC should live in now and the list of institutions that may face it in the future. The Obama administration. Wolf says, “Military end use laws apply only to a subcategory of listed U.S. origin items. Institutional list rules apply to all U.S. origin and some items of foreign origin.”
According to analysts at securities firm Jeffries, the United States is intensifying its attack on China’s semiconductor industry and is obliged to include more companies. As you might expect, the Chinese government is not happy. Foreign Ministry spokesman Zhao Lijian accused the United States of “blatant harassment.” “What it has done is violate international trade laws, borrow and damage the global industrial supply and value chain, which will inevitably harm the national interests of the United States and its image.” Geoffrey believes that half of SMIC’s equipment comes from the U.S., and according to the securities company, the company is valued at approximately $ 29 billion and does business with major U.S. chip makers, including Qualcomm and Broadcom.
SMIC’s N + 1 process is currently the closest it can reach to 7nm, providing 20% performance, 57% power efficiency, and 55% smaller than standard 14nm chips. Three years after TSMC began mass production of such chips, Foundry expects to reach the 7nm node mark next year. But the US has other ideas and it expresses its views through SMIC and SMIC via Huawei.