March 27, 2023

Final replace: March 11, 2023 4:09 PM IST

In accordance with the report, the Biden administration plans to coordinate with the Netherlands and Japan.

The Biden administration is working to additional tighten restrictions on the export of semiconductor manufacturing gear to China.

The Biden administration is working to additional tighten restrictions on the export of semiconductor manufacturing gear to China, Bloomberg Information reported Friday, citing folks accustomed to the scenario.

The report stated the federal government briefed US firms on the plan and instructed them it deliberate to announce the restrictions as early as subsequent month.

In accordance with the report, the Biden administration plans to coordinate with the Netherlands and Japan.

This week, the Dutch authorities stated it plans to impose new restrictions on the export of semiconductor know-how to China to guard nationwide safety.

Chinese language International Ministry spokesman Mao Ning stated on Thursday that China strongly opposes the restrictions as a method of “interfering and proscribing regular financial and commerce exchanges between Chinese language and Dutch firms.”

Late final yr, the US imposed a sequence of export restrictions, together with a measure aimed toward chopping China off from sure semiconductor chips produced wherever on the planet on US gear.

Learn all the newest tech information right here

(This story was not edited by the News18 workers and is revealed from a information company syndicated channel)

Leave a Reply

Your email address will not be published.