Reported about 13 hours ago
The United States has penalized two Chinese companies, GMC Semiconductor Technology and Jicun Semiconductor Technology, for acquiring U.S. chipmaking equipment for Semiconductor Manufacturing International Corporation (SMIC), which is already on the Commerce Department's restricted Entity List. The action is part of broader sanctions affecting 32 entities, with 23 located in China, aimed at curbing military support and advanced technology involvement.
Source: YAHOO