{"id":1426,"date":"2020-09-07T01:00:59","date_gmt":"2020-09-07T01:00:59","guid":{"rendered":"https:\/\/businessner.com\/?p=1426"},"modified":"2022-04-27T10:10:13","modified_gmt":"2022-04-27T10:10:13","slug":"us-defense-department-mulls-placing-chinas-largest-chipmaker-smic-in-trade-blacklist","status":"publish","type":"post","link":"https:\/\/businessner.com\/us-defense-department-mulls-placing-chinas-largest-chipmaker-smic-in-trade-blacklist\/","title":{"rendered":"US Defense Dept. mulls placing China’s Largest Chipmaker SMIC in Trade Blacklist"},"content":{"rendered":"
The US Department of Defense is considering the placement of China\u2019s largest chipmaker SMIC in its trade Entity List.<\/p>\n
Being listed in the Entity List will potentially ban the company from transacting business with American companies.<\/p>\n
A Pentagon spokesperson said the Trump administration is considering enlisting Semiconductor Manufacturing International Corporation into its trade blacklist, the New York Times<\/a> reported.<\/p>\n The spokesperson said the Defense Department is working with other federal agencies to determine whether to place SMIC in the Entity List that would force U.S. companies to seek a license before shipping any products or technology to the company.<\/p>\n The Pentagon made the proposal to the End User Committee, a panel led by the U.S. Commerce Department that makes decisions on the placement of companies to the entity listings.<\/p>\n With the ongoing tech war between the U.S. and China, the Entity List is often used by the Trump administration to block Chinese companies from trading with American firms.<\/p>\n So far, there are more than 200 Chinese companies that are included in the Entity List including Chinese tech giants like ZTE and Huawei<\/a>. Other firms that are also been embroiled in the ongoing US-China tech war include ByteDance<\/a>, owner of short video app TikTok<\/a>, and Tencent<\/a>, which owns popular messaging app WeChat.<\/p>\nSMIC denies ties with the Chinese military<\/h2>\n