U.S. restricts exports to SMIC, China`s largest chipmaker
(Android Central)

U.S. companies will now need to get a license to do business with SMIC. What you need to know The U.S. Commerce Department has added SMIC to the entity list citing the chipmaker`s alleged ties with the Chinese military. U.S. companies that want to do business with SMIC will have to get a license. SMIC is China`s biggest chipmaker, but it is behind TSMC and Samsung in terms of technological know-how. The Trump administration has issued new restrictions on exports to China`s largest chipmaker, Semiconductor Manufacturing International Corporation (SMIC), noting that the company `may pose an unacceptable risk of diversion to a military end use in the People`s Republic of China.` As is the case with Huawei, U.S. companies that want to do business with SMIC will need to get a license from the Commerce Department. The move comes as tensions between the U.S. and China escalate, with the U.S. adding dozens of Chinese organizations to the entity list over the last 18 months and bannin...