© Reuters. Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, on this illustration image taken February 17, 2023. REUTERS/Florence Lo/Illustration
(Reuters) -The US is weighing sanctions on a number of Chinese language tech firms, together with chipmaker ChangXin Reminiscence Applied sciences, in a bid to additional restrain China’s improvement of superior semiconductors, Bloomberg Information stated on Friday.
Citing individuals acquainted with the matter, it stated the commerce division’s bureau of trade and safety was contemplating including ChangXin to the so-called entity listing that restricts entry to U.S. expertise, together with 5 extra Chinese language companies.
The division, and the bureau didn’t instantly reply to Reuters’ requests for remark.
ChangXin Reminiscence Applied sciences stated it “makes a speciality of producing commodity DRAM reminiscence chips for on a regular basis client merchandise, with a particular deal with civilian and industrial purposes.”
The corporate complies with U.S export laws, it stated in an announcement despatched to Reuters on Sunday.
Reuters has reported that america moved final yr to disclaim American imports to a significant SMIC plant after it produced the chip powering Huawei’s Mate 60 Professional telephone.
The efforts halted tens of millions of {dollars} price of shipments of chipmaking supplies and elements from a minimum of one provider, Entegris (NASDAQ:).
The US has moved aggressively in latest months to halt shipments to China of extra superior AI chips, in its efforts to cease Beijing receiving cutting-edge U.S. applied sciences that would strengthen its army.