Trends
The US government intended to urge China by blacklisting CXMT
Changxin Memory Technologies, a dominant Chinese chipmaker company is being blacklisted by the US government. It is a strategy to restrain China from accessing advanced chip technologies. The US government started its plan to restrain China’s advanced chip technology, and Changxin is going to be bla…
Headline
Changxin Memory Technologies, a dominant Chinese chipmaker company is being blacklisted by the US government. It is a strategy to restrain China from accessing advanced chip technologies. The US government started its plan to restrain China’s advanced chip technology, and…
Context
Changxin Memory Technologies, a dominant Chinese chipmaker company is being blacklisted by the US government. It is a strategy to restrain China from accessing advanced chip technologies. According to Bloomberg News this Friday, the United States is reportedly planning sanctions on several tech companies from China, including chipmaker ChangXin Memory Technologies , aiming to further urge China’s development of advanced semiconductors.
Evidence
Pending intelligence enrichment.
Analysis
It is said by people familiar with the issue that the Commerce Department’s Bureau of Industry and Security was considering adding ChangXin and other five more Chinese companies to the so-called entity list, which will restrain access to US technology. ChangXin Memory Technologies said it “specializes in producing commodity DRAM memory chips for everyday consumer products, with a specific focus on civilian and commercial applications.” Also read: Chipmaker Groq and a former AMP VP accuse Nvidia of unfair practises The company had made a clear claim to Reuters on Sunday, saying that it complies with US export regulations.
Key Points
- US government to implement plans to take measures against China to curb its high-end chip development.
- Sanctions and counter-sanctions on chips between China and the United States have been going on for a long time, greatly hindering the circulation of high-end technologies among themselves and the development of chip technology, which is a lose-lose situation.
Actions
Pending intelligence enrichment.
