SMIC is blacklisted by the US Department of Defense, Trump continues to lobby BBC News



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The US Department of Defense on Thursday (December 3) included China’s largest chip maker, SMIC, on the list of “Chinese military companies”. This means that US investors are prohibited from holding or trading SMIC shares.

SMIC replied that being included in the list has little impact on operations.

“Because SMIC relies on the resources of American companies to manufacture semiconductor chips. This puts SMIC’s business in the hands of the US Department of Commerce, and the US Department of Commerce can decide whether to issue a license based on under specific circumstances “. Radio Free Research Company Mobile’s founder Richard Windsor (Richard Windsor) said.

“This has increased the difficulty of obtaining a license, increasing the likelihood of being included in the list of entities, and has led to a reduction in demand for its shares, as US investors will no longer be able to purchase SMIC shares.” .

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