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US seeks to restrict chip equipment sales to China

US seeks to restrict chip equipment sales to China

The US Congress has proposed broader restrictions on selling chip manufacturing technologies to China. An investigation found that Chinese companies purchased $38 billion worth of advanced equipment last year.

Experts say these purchases enhance China’s technological capabilities and may give it a competitive advantage. Therefore, the US and its allies have stated the need to tighten existing regulations.

Due to inconsistencies in restrictions set jointly with Japan and the Netherlands, some companies continued trading with China. This has raised doubts about the effectiveness of current rules.

The committee identified some Chinese firms as linked to Huawei and imposed sanctions on them. US officials said these measures aim to further limit China’s access to advanced chip technologies.

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News » Technology » US seeks to restrict chip equipment sales to China