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Page 45 - குறைக்கடத்தி உற்பத்தி சர்வதேச நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Chinese chipmaker SMIC says US sanctions mean it will struggle to develop 10nm products

As India shouts out to world+dog: Anyone fancy building a fab here? Share Copy China’s largest chipmaker, Semiconductor Manufacturing International Corporation (SMIC), has told investors that new US sanctions announced late last week will be a long-term hassle but won’t impact its current operations. In a Sunday disclosure [PDF] to the Hong Kong Stock Exchange, SMIC said its addition to a US “Entity list” of organisations prevented from acquiring certain American technologies will have “no material adverse effect on the Company’s short-term operations and financial positions”. But in the longer term, the ban “will have a material adverse effect on the research and development and capacity construction of 10 nanometres and below advanced technology nodes.”

China threatens countermeasure after US blacklists 59 of its firms

China threatens countermeasure after US blacklists 59 of its firms ANI | Updated: Dec 20, 2020 05:12 IST Beijing [China], December 20 (ANI): Upping the ante against the United States, China has threatened to impose countermeasures after Washington decided to blacklist 59 Chinese companies. Chinese Ministry of Commerce on Saturday said that the US has abused export controls to suppress enterprises, institutions, and individuals of other countries, Xinhua reported. The US Department of Commerce has added 59 Chinese entities to its export-control Entity List including Semiconductor Manufacturing International Corporation (SMIC) for activities that undermine America s national security and foreign policy interests. The Bureau of Industry and Security (BIS) in the Department of Commerce added SMIC of China to the Entity List due to China s military-civil fusion (MCF) doctrine and evidence of activities between SMIC and entities of concern in

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