The U. S. Commerce Department announced Monday that it is restricting U. S. exports to the Chinese semiconductor…
The U. S. Commerce Department announced Monday that it is restricting U. S. exports to the Chinese semiconductor firm Fujian Jinhua Integrated Circuit Company, Ltd.
The firm “poses a significant risk of becoming involved in activities that are contrary to the national security interests of the United States,” according to the department’s press release .
Jinhua has been added to the department’s Entity List.
“When a foreign company engages in activity contrary to our national security interests, we will take strong action to protect our national security,” Secretary of Commerce Wilbur Ross said in Monday’s statement. “Placing Jinhua on the Entity List will limit its ability to threaten the supply chain for essential components in our military systems.”
Through its use of what is likely American technology, Jinhua “is nearing completion of substantial production capacity for dynamic random access memory (DRAM) integrated circuits,” the release charges.
