U.S. to add Chinese chipmaker SMIC to defense blacklist: sources

U.S. to add Chinese chipmaker SMIC to defense blacklist: sources

President Donald Trump’s administration is set to add Chinese chipmaker SMIC and state-owned offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and sources, curbing their access to U.S. investors and escalating tensions with Beijing weeks before President-elect Joe Biden takes office.

Reuters reported earlier this month that the Department of Defense (DOD) was planning to designate four more Chinese companies as owned or controlled by the Chinese military, bringing the number of Chinese companies affected to 35.

It was not immediately clear when the new tranche, would be published in the Federal Register. But the list comprises China Construction Technology Co Ltd and China International Engineering Consulting Corp, in addition to Semiconductor Manufacturing International Corp (SMIC) and China National Offshore Oil Corp (CNOOC), according to the document and three sources.

SMIC said it continued “to engage constructively and openly with the U.S. government” and that its products and services were solely for civilian and commercial use.

“The Company has no relationship with the Chinese military and does not manufacture for any military end-users or end-uses.”

 

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