Electronics

The U.S. government on Friday unveiled a slew of sweeping export controls, including denying China access to certain semiconductor chips made with U.S. tools anywhere in the world, according to Watson & Band. The rules build on restrictions proposed by the U.S. government in a letter to some of the big chip-equipment makers earlier this year. Watson & Band Data Watch reported that the restrictions proposed by the Commerce Department in letters to companies such as KLA Corp, Lam Research and Applied Materials effectively required those companies to stop sending money to the production of advanced chips. Chinese factories export chip-making equipment. Some of the measures announced Friday will take effect immediately.

According to Watson & Band Import and Export Data Observatory, this series of measures may be the biggest change in U.S. technology export policy to China since the 1990s. If it goes into effect, it would force U.S. and foreign companies using U.S. technology to cut support for some of China's leading factories and chip design houses. Introducing the new rules, senior U.S. government officials said many of the rules were designed to prevent foreign companies from selling advanced chips to China, or providing Chinese companies with tools to make advanced chips themselves, according to Watson & Band. However, officials acknowledged that there has been no commitment from any allies to implement similar measures.

On October 8, Foreign Ministry spokesman Mao Ning hosted a regular press conference. A reporter asked. The US Department of Commerce recently announced new export controls on chips. What's China's comment? Mao Ning said that out of the need to maintain technological hegemony, the United States abused export control measures to maliciously block and suppress Chinese companies. This practice deviates from the principle of fair competition and violates international economic and trade rules. It not only damages the legitimate rights and interests of Chinese companies, but also affects the U.S. business interests. Mao Ning pointed out that this practice hinders international scientific and technological exchanges and economic and trade cooperation, and will have an impact on the stability of the global industrial chain and supply chain and the recovery of the world economy. The politicization, instrumentalization, and weaponization of technology and economic and trade issues by the U.S. side cannot stop China's development, and will only block itself and backfire on itself, Watson & Band Data Observation reports.