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asia semiconductors policy

Shares in Chinese Chip Maker SMIC Drop on U.S. Sanctions

By
Juro Osawa
· · Source: The Information

Shares in Semiconductor Manufacturing International Corporation, China’s biggest contract chip manufacturer, fell sharply Monday after the U.S. government added the company to a trade blacklist. The decision by the U.S. Department of Commerce, announced late Friday, restricted SMIC’s access to U.S. equipment and software on national security grounds. SMIC’s biggest clients are Chinese...

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