Brite Semiconductor: China chip firm powered by US tech and money avoids Biden's crackdown, ET Telecom
Brite Semiconductor: The Biden administration, with bipartisan support, has taken pains to stop the flow of technology and investment to Bejing's chip sector, unveiling rules last October to halt some U.S. exports of chips and chipmaking tools to China and in August announcing a ban on certain new U.S. investments in the industry. It has also added dozens of Chinese companies to the entity list, many over ties to China's military.