US Set To Further Tighten Chipmaking Exports To China: Report

Last Updated: March 11, 2023, 16:09 IST

The Biden administration plans to coordinate with the Netherlands and Japan, according to the report.

The Biden administration plans to coordinate with the Netherlands and Japan, in accordance with the report.

The Biden administration is working to additional tighten restrictions on exporting semiconductor manufacturing gear to China.

The Biden administration is working to additional tighten restrictions on exporting semiconductor manufacturing gear to China, Bloomberg News reported on Friday citing individuals aware of the scenario.

The authorities has briefed U.S. corporations concerning the plan and instructed them it expects to announce the restrictions as early as subsequent month, the report mentioned.

The Biden administration plans to coordinate with the Netherlands and Japan, in accordance with the report.

This week, Dutch authorities mentioned it plans new restrictions on semiconductor expertise exports to China to guard nationwide safety.

Chinese international ministry spokesperson Mao Ning mentioned on Thursday that China was firmly against the restrictions as a way “to intervene and limit normal economic and trade exchanges between Chinese and Dutch companies.”

The U.S. had imposed a slew of export restrictions late final 12 months together with a measure to chop China off from sure semiconductor chips made wherever on the planet with U.S. gear.

Read all of the Latest Tech News right here

(This story has been edited by News18 employees and is revealed from a syndicated news company feed)

Source web site: www.news18.com

Rating
( No ratings yet )
Loading...