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Biden blacklists China's YMTC, crackdowns on AI chip sector
Chanel News Asia ^ | 15 Dec 2022

Posted on 12/15/2022 3:47:22 PM PST by nickcarraway

The Biden administration on Thursday (Dec 15) added Chinese memory chipmaker YMTC and 21 "major" Chinese players in the artificial intelligence chip industry to a trade blacklist, broadening its crackdown on China's chip industry.

YMTC, long in the crosshairs of the US government, was added to the list over fears it could divert US technology to previously blacklisted Chinese tech giants Huawei and Hikvision. The move, laid out in the Federal Register, will bar YMTC's suppliers from shipping US goods to it without a difficult-to-obtain license.

The 21 Chinese AI chip entities being added to the trade blacklist, which include Cambricon Technologies Corp and CETC, face an even tougher penalty, with the US government effectively blocking their access to technology made anywhere in the world with US equipment.

(Excerpt) Read more at channelnewsasia.com ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; News/Current Events
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1 posted on 12/15/2022 3:47:22 PM PST by nickcarraway
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To: nickcarraway

Chairman Xi: “Go remind Jao Bai Den I still hold his balls in my side pocket.”


2 posted on 12/15/2022 3:56:01 PM PST by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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To: nickcarraway

.


3 posted on 12/15/2022 4:10:39 PM PST by sauropod (Fascists also buy Comcast cable packages" - Olby - Wanna buy mine?)
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To: sauropod

It seems like the Chinese can use the black market to get anything the USA makes and then copy it. I hope the new rules will make the USA safer.


4 posted on 12/15/2022 4:51:02 PM PST by Trumpet 1 (US Constitution is my guide.)
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To: nickcarraway

Xi must have made Victoria Nuland and Hillary Clinton mad. They are the ones running foreign policy right now. Obama was given Domestic policy and Hillary Foreign policy as part of the agreement for them backing Biden.


5 posted on 12/15/2022 5:13:43 PM PST by Thunder90 (All posts soley represent my own opinions)
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To: Trumpet 1

Probably through India and Russia. Russia shops the chips through India and sells the originals to China, who have the infrastructure to make copies.


6 posted on 12/15/2022 5:15:09 PM PST by Thunder90 (All posts soley represent my own opinions)
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