SMIC will soon be added to the trade blacklist by the US
Posted On December 17, 2020
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The US administrative is planning to add SMIC, the biggest chipmaker in China, to the trade blacklist (aka entity list) on which Huawei is listed. It intends to prevent American companies from exporting technology and key components to the companies on the list without government approval. The move will add present difficulties to SMIC in sourcing necessary parts and designing software made in the US.