More

    US government removes Chinese chip giant AMEC from major blacklist




    • AMEC has been dropped from the DoD’s concerning companies list
    • However the Chinese firm remains on the US Entities List
    • Other companies have also have restrictions revised

    US sanctions on chip and advanced technology shipments to China have ramped up in recent years, largely spurred on in the post-pandemic era and aimed at tackling the country’s technological advancement, which the US fears could fuel its military.

    A report by the South China Morning Post revealed Advanced Micro-Fabrication Equipment (AMEC), a Chinese toolmaker, has now been removed from America’s list of concerning companies – dubbed ‘Chinese Military Companies operating in the US’.

    https://cdn.mos.cms.futurecdn.net/ef8zeecGrS3texgTdoSkYe-1200-80.jpg



    Source link

    Latest articles

    spot_imgspot_img

    Related articles

    spot_imgspot_img