Not Done Yet – BIS Adds SMIC to Entity List
By EsqSocial Corporation 21/12/20
In one of the most significant export control actions of the Trump Administration, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) added Chinese semiconductor company Semiconductor Manufacturing International Corporation (“SMIC”) to the Entity List today. The move to “protect U.S. national security” comes as tensions between the U.S. Government and China continue to escalate in the final weeks of the Trump Administration....
By: Holland & Hart - International Compliance