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Brite Semiconductor: China chip firm powered by US tech and money avoids Biden's crackdown, ET Telecom

Brite Semiconductor: The Biden administration, with bipartisan support, has taken pains to stop the flow of technology and investment to Bejing s chip sector, unveiling rules last October to halt some U.S. exports of chips and chipmaking tools to China and in August announcing a ban on certain new U.S. investments in the industry. It has also added dozens of Chinese companies to the entity list, many over ties to China s military. ....

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China chip firm powered by US tech and money avoids Biden's crackdown

A Chinese chip designer, part-owned by the country's top sanctioned chipmaker, is purchasing U.S. software and has American financial backing, relationships that underscore the difficulty Washington faces applying new rules meant to block American support for Beijing's semiconductor industry. The company, Brite Semiconductor, offers chip design services to at least six Chinese military suppliers, a Reuters examination of company statements, regulatory filings, tenders and academic articles by People's Liberation Army (PLA) researchers and institutions found. Its second largest shareholder and top supplier, chipmaker SMIC, was placed on the so-called U.S. entity list over alleged ties to Beijing's military, effectively barring it from receiving some goods from U.S. suppliers. ....

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