Opening a new front in its trade and technology disputes with China, the Trump administration on Monday took action to cut off a Chinese state-backed semiconductor maker from US exports of components, software and technology goods.
The Commerce Department said it has put Fujian Jinhua Integrated Circuit Co Ltd on a list of entities that cannot purchase such products from US firms, citing a “significant risk” that the Chinese firm’s new memory chip capacity will threaten the viability of American suppliers of such chips for military systems.
It said in a statement that Fujian Jinhua "poses a significant risk of becoming involved in activities that are contrary to the national interests of the United States."
The action is similar to a Commerce Department move that nearly put Chinese telecommunications equipment company ZTE Corp out of business earlier this year by cutting it off from US suppliers.
ZTE, which had violated a deal to settle violations of sanctions on Iran and North Korea, was allowed to resume purchases of US products after a revised settlement and payment of a $1 billion fine.
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