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Detailed text transcripts for TV channel - CNN - 20200930:06:57:00
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Detailed text transcripts for TV channel - FOXNEWS - 20200930:03:48:00
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two spoke to said the reason why smic, which is china s largest chip maker, is being targeted, because the semiconductor industry is one sector that the us has an advantage. us chipmakers are more technologically advanced americans are really leveraging the advantage they have and using it as a way to punish chinese companies. you will remember that smic is now blocked from getting to antihypertensives produced by not only us chipmakers but any chipmaker would supplies to the us, and remember a few weeks ago smic had said it was in com plete ago smic had said it was in complete shock after the pentagon first revealed it had proposed it to be added to a government blacklist. maisie had said that it was verbally opposed to this and we have not got a fresh response from beijing just yet. these latest moves, but it does suggest that smic could be the next focus of the technology wars that have only threatened who our way,
military use. yet another tech company caught in the crosshairs between washington and beijing. let s cross to our asia business hub in singapore, where sharanjit leyljoins us. fill us in on this one. as you said really another sign of the deepening tensions between washington and beijing. smic at the moment is not on the us blacklist like huawei, and a number of others, but it could find itself headed that way if these new restrictions are any indication. especially the us basically is stepping up its pressure on exports to smic, requiring suppliers of equipment to it to apply for individual export licenses, and last week a series of letters we re last week a series of letters were apparently last week a series of letters were a ppa re ntly lea ked last week a series of letters were apparently leaked from the us commerce department two major us suppliers of smic requiring them to certify that smic does not have military suppliers. one expert i said
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