Administration Trump is thinking to insert Minimum wage (Semiconductor Manufacturing International Corp.) nella blacklist of Chinese companies with which US companies cannot do business.
The Department of Defense is working with other government agencies to determine whether the shares of China’s largest semiconductor manufacturer recommend adding it to the “Entity List,” which it would prevent US companies from selling technology made by SMIC without a license, but also SMIC itself from buying US machinery used to make and test the chips.
This would be a new chapter in the tensions (commercial and not only) between the United States and China, and which see Huawei as the most illustrious victim. “Such action would lead to all exports to SMIC undergoing a more thorough review,” Pentagon spokeswoman Sue Gough said Saturday. While the reasons for including SMIC on the blacklist (which has over 300 Chinese companies) have not been explained at the moment, the manufacturer’s relations with the Chinese defense sector would be targeted.
In particular, the Wall Street Journal cites SMIC’s relationships with CETC, a state-owned company engaged in the development of electronics for the military sector. SMIC would help CETC test new manufacturing technologies and use CETC technologies for its own production.
Although SMIC started out as a private company, the Beijing government has invested a lot of money to drive its growth, and according to a report in 2018 it would have a stake of over 45% in the company. China’s goal is create a competitive production sector, like the US and Taiwanese ones, but at the moment there is still a very wide gap.
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