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 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.

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

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

In a July 12 letter [http://docs.chinatrademonitor.com/mccaul-ymtc.pdf] to Commerce Secretary Gina Raimondo, Congressman Michael McCaul (R-TX) and Senator Bill Hagerty (R-TN) argued that Chinese semiconductor maker Yangtze Memory Technologies Company (YMTC) should be included on the Commerce Department's Entity List [https://www.bis.doc.

On July 27, the State Council issued the Several Policies for Promoting the High-quality Development of the Integrated Circuit Industry and Software Industry in the New Era (国务院关于印发新时期促进集成电路产业和软件产业高质量发展若干政策的通知 [http://www.gov.cn/zhengce/content/2020-08/04/content_5532370.htm]). The Several Policies put forward 37 policy measures to promote the