New Cold War: US Targets China’s Chip Industry In Fresh Round Of Export Restrictions | Sahara Reporters

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As world powers gradually drift towards a new cold war, the US Department has published a new package of export restrictions targeting China’s semiconductor industry by further curbing the country’s access to US chip technology. The new restriction document, published on the Department of Commerce’s website on Friday, includes a ban on exporting to China chips made with US technology and intended for use in artificial intelligence and supercomputers without an export license.

October 9, 2022The Chinese leading phone manufacturer, Huawei was banned from accessing US-manufactured chips since 2019 to curb and cripple the company's growing influence around the world.

The new restrictions also limit the sale of chip manufacturing equipment and technology to Chinese companies and restrict US citizens and entities from working with Chinese chip producers unless they are granted special permission. This the report said means the affected firms may later be blacklisted by Washington entirely, effectively barring US companies from supplying them with any technology.

"It will hinder international sci-tech exchange and trade cooperation, and deal a blow to global industrial and supply chains and world economic recovery,” he told reporters on Saturday.

 

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Let the world know for sure US is as much evil as China.

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