On 26 September, News 18 and others reported that the US Government has put sanctions on China’s largest smartphone chipmaker, Shanghai Manufacturing International Corporation (SMIC), dealing further blow to Chinese companies with business dealings in the US. It is reported that the US Commerce Department claimed that SMIC posed an ‘unacceptable risk’ of being diverted to ‘military use’. The move threatens to cut off SMIC from crucial US software and chipmaking equipment, depriving the company of vital business, and companies will now require licenses to export products to SMIC.
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