US Treasury Secretary Janet Yellen on Thursday expressed "concern" over China's newly unveiled export controls on two strategic raw materials critical to the global chipmaking industry.
As per VOA, the measures are likely to further restrict sales to China by Netherlands-based ASML, maker of the world's most advanced chip-printing machines, which last year disclosed the "unauthorized misappropriation of data" by a now former employee in China.
Taking to Twitter, the Ministry of External Affairs (MEA) Spokesperson Arindam Bagchi said, "A key initiative of India as the plenary chair of Wassenaar Arrangement! India hosts over 20 Outreach Partner countries and Participating States at its Enhanced Technical Briefing (ETB) today in Vien
India and the US agreed to enhance awareness among industry, academia and other stakeholders about the export control regimes through workshops and other activities.
The US invoked the Foreign Direct Product Rule (FDPR), which allows the US to extend export controls to foreign products manufactured with American technology. The use of FDPR was significant because it allowed the US to control the sale of semiconductor equipment to China that is produced b
There are very minimal licence requirements for India and the United States treats the country "as though our NATO partner under our export controls," a senior Biden Administration official said on Friday and noted that the requirement of licence for US exports to India has drastically co
On March 30, 2023, the United States and over twenty international partners adopted a nonbinding Code of Conduct outlining its commitment to using export control tools to address serious human rights concerns.
The Chinese government has protested the move and continues to do so, claiming the west is trying to 'maintain its hegemony' and contain China by abusing export controls. It charges the United States of encouraging other countries of ganging up against China as well, the report added.
According to Kyodo News, the deal was struck after the United States in October unveiled sweeping export controls on certain advanced chips that could be used by China to train artificial intelligence systems and power advanced military and surveillance applications.
China's domination of the global market for armed drones over the past decade is partly due to a vast state-funded effort that seeks to elevate the country's armed forces to 'world-class standards', the report said.
The US administration in October put a set of export controls on China which included measures that stop Beijing from acquiring from anywhere in the world, semiconductor chips with US equipment.
Tokyo [Japan], October 17 (ANI): Apple has shelved plans to use memory chips from China's Yangtze Memory Technologies Co (YMTC) in its products, Japanese newspaper Nikkei Asia reported citing multiple sources.