The Biden administration will expand its limitations on U.S. shipments of semiconductors and chipmaking tools to China as it seeks to increase competition with the Asian superpower on innovation.
from KLA, Lam Research, and Applied Materials. The three companies were told they were forbidden from exporting chipmaking tools to Chinese factories unless they obtained Commerce Department licenses.
The"is-informed" letters act as an expedited tool for the Commerce Department to implement new rules and restrictions quickly but limit the rulings to singular companies in the process. A Commerce Department official declined to comment but said,"As a general rule, we look to codify any restrictions that are in is-informed letters with a regulatory change.
The U.S. government has restricted technology exports to China for several years. The efforts have escalated in recent years, although the Commerce Department has
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden-Harris Admin Approves 35 States' EV Charging Infrastructure PlansAs part of the President’s Bipartisan Infrastructure Law, $5B is earmarked for States' charging infrastructure, and there's more charging funding to follow.
Read more »
Biden admin announces $600 million in new military aid for UkraineThe Biden administration announced the U.S. will provide another round of military aid to Ukraine, this time for $600 million, as Russia's invasion nears the seven-month mark.
Read more »
Families, ex-prisoners urge Biden admin to secure release of Americans held in IranAs nuclear talks with Iran remain deadlocked, families and advocates of Americans imprisoned in Iran are appealing to the Biden administration to take urgent action to bring their loved ones home.
Read more »
Biden–Harris Admin — New Actions to Expand U.S. Offshore Wind EnergyFACT SHEET: Biden-Harris Administration Announces New Actions to Expand U.S. Biden-Harris Administration is launching coordinated
Read more »
Miami mayor: Biden admin refuses to address ‘incoherent hemispheric’ policy fueling migrant crisisMiami Mayor Francis Suarez analyzes the Biden administration's handling of the border crisis as the number of migrants illegally entering the U.S. grows.
Read more »