US Adds Dozens of Chinese Firms Including Chipmaker SMIC and Drone Company SZ DJI to Trade Blacklist
Chinese chipmaker SMIC was earlier added to a US defence blacklist.
By Reuters | Updated: 19 December 2020 10:33 IST
Action against SMIC stems from Beijing's efforts to use civilian technologies for military purposes
Highlights
Mike Pompeo said US will use all countermeasures available
SMIC will face tough review standard for 10nm or lower equipment
The United States added dozens of Chinese companies, including the country's top chipmaker SMIC and Chinese drone manufacturer SZ DJI Technology, to a trade blacklist on Friday as US President Donald Trump's administration ratchets up tensions with China in his final weeks in office.