Chinese Chipmaker SMIC Added by Trump Administration to Defence Blacklist

Chinese Chipmaker SMIC Added by Trump Administration to Defence Blacklist

The Trump administration on Thursday added China’s top chipmaker, SMIC, and oil giant CNOOC to a blacklist of alleged Chinese military companies, a move likely to escalate tensions with Beijing before President-elect Joe Biden takes office. The Department of Defense designated a total of four additional companies as owned or controlled by the Chinese military, … Read more