cdn mobile

US cuts tech exports to China firm on security grounds

By: AP October 30,2018 - 08:45 PM

WASHINGTON — The Trump administration has imposed restrictions on technology exports to a state-supported Chinese semiconductor maker, citing national security grounds amid a mounting tariff battle.

The controls imposed Monday on Fujian Jinhua Integrated Circuit Co. reflect concern Chinese competition could drive American technology suppliers out of business, leaving the military without secure sources of components.

Beijing has spent heavily to build up Jinhua and other chip makers as part of efforts to transform China into a global leader in robotics, artificial intelligence and other technology industries.

The United States, Europe and other trading partners say Beijing’s tactics violate its market-opening obligations. American officials worry they might erode U.S. industrial leadership.

President Donald Trump has imposed tariffs of up to 25 percent on 250 billion of Chinese goods in an effort to pressure Beijing to roll back those plans.

Jinhua is completing “substantial production capacity” for integrated circuits, possibly using US technology, which “threatens the long-term economic viability of U.S. suppliers of these essential components of U.S. military systems,” said a Commerce Department statement.

The company was added to the department’s “Entity List,” which will require it to obtain an export license for all software, technology and commodities, the Commerce Department said.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

Read Next

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of Cebudailynews. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

TAGS: China, cuts, exports, firm, grounds, security, tech, US
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.