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SMIC has had ‘preliminary exchanges’ with U.S. over export restrictions

SHANGHAI (Reuters) – Chinese chipmaker Semiconductor Manufacturing International Corporation has undertaken “preliminary exchanges” with the U.S. Bureau of Industry and Security regarding export restrictions, the company said on Sunday in…

China chip giant SMIC shares sink on US export controls

Shares in China’s biggest chipmaker tumbled Monday on reports that the United States had imposed export controls on the company, the latest salvo in the countries’ battle for technological dominance.…

U.S. sanctions on chipmaker SMIC hit at the very heart of China’s tech ambitions

The U.S. government has reportedly imposed restrictions that require suppliers to get an export license to sell certain equipment to China’s biggest chipmaker SMIC. The move threatens to hit at…

China chip giant SMIC shares plunge after US export controls

Shares in China’s biggest chip maker plunged on Monday following weekend media reports that Washington has imposed export controls on the company, the latest salvo in the battle for technological…

China must prepare for ‘long tech march’ following U.S. restrictions on SMIC: Global Times

FILE PHOTO: Chinese and U.S. flags flutter near the Bund in Shanghai, China July 30, 2019. REUTERS/Aly Song/File Photo SHANGHAI (Reuters) – China must engage in a new “long march”…

SMIC Joins the Big Bath of China Security Threats

The rules don’t appear as strict as those placed on Huawei Technologies Co. earlier this year, according to Bloomberg News. That move ended up forcing suppliers like Taiwan Semiconductor Manufacturing…

US tightens trade restrictions on Chinese chipmaker SMIC

The US Commerce Department has added China’s largest chipmaker, Semiconductor Manufacturing International Corporation (SMIC), to its entity list, after it determined there an “unacceptable risk” that equipment SMIC received could…

U.S. restricts exports to China’s SMIC

The letter said the licensing regime will be in place “pending the U.S. government’s review of SMIC and its subsidiaries.” The Pentagon earlier this month said the Trump administration was…

U.S. imposes curbs on exports to China’s top chipmaker SMIC

SHANGHAI/WASHINGTON (Reuters) – The United States government has imposed restrictions on exports to China’s biggest silicon chip maker after concluding there is an “unacceptable risk” that equipment supplied to it…

EMERGING MARKETS-China’s upbeat exports counter SMIC blow for stocks

* China August exports up 9.5% y/y; imports down 2.1% * Ayala Land jumps over 5%, supports Philippine shares * Graphic: World FX rates tmsnrt.rs/2egbfVh Sept 7 (Reuters) - Shanghai…