U.S. cuts off exports to Chinese chipmaker

U.S. cuts off exports to Chinese chipmaker

U.S. cuts off exports to Chinese chipmaker

The United States, Europe and other trading partners say Beijing's tactics violate its market-opening obligations.

President Donald Trump has painted China as an economic threat to the United States and American companies and based his aggressive tariff strategy on the goal of preventing the country from becoming dominant in key technology sectors.

The use of the "entity list" - which governs what companies US firms can do business with - to protect the economic viability of a USA industry appears to be unprecedented, said Washington trade lawyer Douglas Jacobson.

"Jinhua is nearing completion of substantial production capacity for dynamic random access memory (DRAM) integrated circuits". As a result of the Commerce Department action, a license is now required for all exports, re-exports and transfers of commodities, software and technology, subject to the Export Administration Regulations.

UMC countered with patent infringement lawsuits against Micron in the mainland China courts in January of 2018 and things went badly for the US.

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"Placing Jinhua on the Entity List will limit its ability to threaten the supply chain for essential components in our military systems", Commerce Secretary Wilbur Ross said in the statement.

It was not immediately clear what effect the Commerce Department action will have on Fujian Jinhua's operations.

ZTE had violated a deal to settle violations of sanctions on North Korea and Iran, . but was allowed to resume purchases of USA products after a revised settlement and a one billion dollar fine.

The US Commerce Department said it would confine the fare of programming and innovation merchandise from American firms to Chinese chipmaker Fujian Jinhua. American authorities lifted the ban in July after ZTE paid a $1 billion fine, agreed to replace its executive team and hired USA -selected compliance officers. That figure quickly grew to $200 billion as the list of affected products was updated, and many have feared that the tariffs could lead to higher prices for tech products or even hinder the USA semiconductor industry (although we don't know for sure how tech products will be affected).

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