This requires sanctions.
According to Reuters, citing information from the Financial Times, the Chinese company YMTC began to get rid of key employees with US citizenship or a residence permit in this country, as it fell under sanctions in early October that prohibit these individuals from cooperating with it under the threat of criminal prosecution.
Image Source: YMTC
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How many people and from what positions will be fired is not specified, but the process has already begun, according to the source. Third parties with U.S. citizenship or work permits are also prohibited from providing any services to YMTC, which is currently China’s largest manufacturer of solid-state memory, although it was only founded in 2016. At the same time, the company lost the opportunity to purchase technological equipment that allows the production of 3D NAND memory chips with more than 128 layers.