US Unveils New Rules to Curb Flow of Advanced Chips to China
- Measures also impose sanctions on 16 Chinese entities
- Biden has issued a raft of China regulations in his last week
The US is also expanding licensing requirements on foundries and packaging companies seeking to export advanced semiconductors.
Photographer: Dario Pignatelli/BloombergThe US unveiled a fresh round of regulations aimed at keeping advanced chips produced by Taiwan Semiconductor Manufacturing Co. and other companies from making their way to China, one last attempt by the Biden administration to fill holes in the tech blockade of its geopolitical rival.
The new measures call for chip producers like TSMC and Samsung Electronics Co. to step up their scrutiny and due diligence of customers, especially Chinese firms. That’s an acknowledgment that advanced semiconductors are still making their way to China and Russia, including one incident where TSMC-made chips were secretly diverted to the blacklisted Huawei Technologies Co.