Semiconductors
Total 93 Posts
UK Parliament Discusses Acquisition of Welsh Semiconductor Factory by Chinese Company, Security Review Underway
In the UK House of Lords last week, a question was raised regarding the acquisition of the Newport Wafer Fab, a semiconductor factory in Wales, by the Chinese-owned technology company Nexperia. In response, the UK government has made clear that a national security review of the transaction is underway.
Rubio Presses Apple Not To Purchase Chips from YMTC
Last week, U.S. Senator Marco Rubio (R-FL) sent a letter to Apple CEO Tim Cook expressing concern over reports the company is considering purchasing NAND chips from Chinese chip manufacturer Yangtze Memory Technologies Co. (YMTC).
2022 Chinese Tax Exemption for Semiconductors Opens for Application
According to a recent notice issued by five Chinese agencies, as of March 25, companies that want to benefit from the preferential tax policy for the integrated circuit and software sectors in 2022 will have to submit their application within three weeks from that date. The notice lays out the
Congressional Republicans Urge Commerce Department to Strengthen Entity List Rules for China’s Semiconductor Manufacturing International Corporation
Last week, U.S. Senator Marco Rubio (R-FL) and U.S. Representative Michael McCaul (R-TX) sent a letter to Commerce Department Secretary Raimondo in which they urged the Department "to strengthen Entity List rules for China’s Semiconductor Manufacturing International Corporation (SMIC)" and expressed concern that "Beijing
Republican Senators Send Letter to Commerce Secretary Raimondo on Export Controls Related to SMIC
Republican Senators Tom Cotton of Arkansas and Bill Hagerty of Tennessee sent a letter yesterday to Commerce Secretary Gina Raimondo, applauding reports that Commerce may strengthen export controls in relation to Chinese semiconductor company SMIC, while pressing Raimondo on issues related to the implementation of possible changes.
Chinese Purchase of Korean Semiconductor Company Rejected in CFIUS Review
In mid-September, we wrote about
[https://www.chinatrademonitor.com/cfius-and-korean-government-finishing-up-security-review-of-chinese-purchase-of-korean-semiconductor-company/]
a CFIUS review of a proposed purchase of a South Korean semiconductor company by
a Chinese equity fund. The purchase has now been cancelled, as it could not
obtain approval from CFIUS.
In March of this year, the South Korean
CFIUS and Korean Government Finishing up Security Review of Chinese Purchase of Korean Semiconductor Company
Based on a review by the Committee on Foreign Investment in the United States
(CFIUS), President Biden may soon issue a decision to block the purchase of a
South Korean semiconductor company by a Chinese equity fund due to national
security concerns, although the outcome is still uncertain at this