Top
image credit: Unsplash

China’s top chipmaker blacklisted by US government via executive order

December 7, 2020

Via: TechSpot

Back in July, we covered the rising tide of Chinese silicon manufacturing through the chipmaker, SMIC, which was founded in 2000 and is currently producing about 20 percent of China’s GPUs, CPUs, and network chips, among others. The company has plans to bump this number up to a scorching 70 percent of China’s chip manufacturing by the year 2025 through funding from the Chinese government and private investors.

This week, however, the US Department of Defence under the direction of the executive branch has listed SMIC, along with 3 other large industrial firms, as “Chinese military companies.”

Read More on TechSpot