U.S. announces new export controls on China’s chip industry

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Taiwan produces over 60 percent of all semiconductors and a shocking 93 percent of the most advanced chips. But the CIA believes China wants to be ready to invade Taiwan by 2027, putting those factories at risk. NBC News’ Richard Engel was given rare access to a Taiwanese factory and reports on how much the U.S. relies on Taiwan.

The United States on Monday launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies, including chip equipment maker Naura Technology Group, among other moves. The effort to hobble Beijing’s chipmaking ambitions also hits Chinese chip toolmakers Piotech, ACM Research and SiCarrier Technology with new export restrictions as part of the package, which also takes aim at shipments of advanced memory chips and more chipmaking tools to China.

in the Netherlands. The U.S. also is poised to place additional restrictions on Semiconductor Manufacturing International Co., China’s largest contract chip manufacturer, which was placed on the Entity List in 2020 but with a policy that allowed billions of dollars’ worth of licenses to ship goods to it to be granted. For the first time, the U.S. will add three companies that make investments in chips to the entity list.

said on its website that it did not see a material impact on its business, adding that if the Dutch government makes a “similar security assessment,” it could affect exports of some of its chip making tools. The latest rules are the third major package of chip-related export curbs on China adopted under the Biden administration.

 

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