SMIC
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U.S. Escalates Pressure on China’s Chipmaker SMIC Amid Geopolitical Tensions
In a bid to curb China’s technological advancements, the Biden administration has intensified actions against Semiconductor Manufacturing International Corp (SMIC), a sanctioned chipmaker, by severing its ties with American suppliers. U.S. Commerce Department Issues Suspension Letters to Companies Last year, the Commerce Department sent numerous letters to U.S. suppliers to SMIC, suspending their permission to […]