The US Bureau of Industry and Security (BIS) in the Department of Commerce today announced it will add no less than 60 Chinese companies to the Entity…
The US Bureau of Industry and Security (BIS) in the Department of Commerce today announced it will add no less than 60 Chinese companies to the Entity List, which will effectively restrict their access to key US technologies, including their ability to partner up with US-based hardware and software companies. The move is one of the last efforts of the Trump administration to maintain a hard line on China before Joe Biden is sworn into office on January 20, 2021. The Entity List now includes DJI — one of the biggest drone manufacturers in the world — as well as the Semiconductor Manufacturing International Corporation (SMIC), China’s largest chip foundry.
