U.S. calls for more bans on chipmaking tool sales to China

AWANI

U.S. lawmakers call for broader bans on chipmaking equipment to China, after an investigation found Chinese chipmakers bought USD38 bil worth of sophisticated gear last year.

Transcript

00:00U.S. lawmakers are pushing for broader bans on chipmaking equipment exports to China

00:05after an investigation found that Chinese chipmakers bought US$38 billion worth of sophisticated gear last year.

00:14That represents a 66% increase from 2022, when many U.S. export restrictions were first introduced.

00:24According to a report by the U.S. House of Representatives Select Committee on China,

00:29inconsistencies in rules from the U.S., Japan and the Netherlands have allowed non-U.S. suppliers

00:34to sell to Chinese firms that U.S. companies cannot, giving China a competitive edge in semiconductor manufacturing.

00:41The report warns that growing capability could have profound implications for human rights and democratic values worldwide.

00:48Both Democratic and Republican administrations have sought to limit China's ability to produce microchips,

00:54which are crucial for AI, military modernization and other advanced technologies.

00:59The committee recommends broader export bans, including tighter restrictions,

01:03on components that China could use to build its own chipmaking equipment.

Category

Transcript

Be the first to comment

Recommended