The US presidential administration is considering imposing sanctions on several Chinese technology companies, including RAM chip manufacturer ChangXin Memory Technologies. This step could be the next step towards limiting the capabilities of the Middle Kingdom in terms of developing its own semiconductor industry.
The Bureau of Industry and Security (BIS), part of the US Department of Commerce, is studying the possibility of adding CXMT to the list of companies that are restricted from accessing US-origin technologies. According to anonymous sources, BIS is also considering introducing restrictions on five more Chinese companies.
As for CXMT, the company produces DRAM memory chips used in a wide range of products, including server equipment and vehicles. In this market segment, CXMT is a competitor to the American Micron, as well as South Korean Samsung and SK Hynix. Microsoft has previously tried to impose restrictions on the Chinese company.
Representatives from BIS and the US Department of Commerce declined to comment on the matter. In a statement, CXMT said the company actively supports and promotes the principles of free competition and complies with all applicable laws and regulations, including US export regulations. The company emphasized that its products are used in “everyday consumer products for civil and commercial applications.”
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