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The US Government will blacklist YMTC and 30 other Chinese companies

December 15, 2022

Via: TechSpot

According to new rumors coming from Washington, the US Government is ready to further increase its pressure on China’s high-tech industry. The US Commerce Department is seemingly preparing new, high-profile additions to its infamous Entity List, making the companies involved unable to obtain US-made technology and components.

The list of companies that would be essentially banned from the US market as early as this week, the rumors say, include Yangtze Memory Technologies Co (YMTC) and more than 30 other enterprises.

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