cageymaru
Fully [H]
- Joined
- Apr 10, 2003
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Fujian Jinhua Integrated Circuit Company, Ltd. (Jinhua) has been added to the list of Chinese companies that cannot receive exports from American companies. Jinhua and United Microelectronics Corp (UMC) have been accused by Micron Technology of stealing trade secrets by poaching its employees. Jinhua is now building a $5.7 billion DRAM factory in Fujian province as part of the Made in China 2025 program. This threatens Micron Technology and the American military part supply chain.
Jinhua is nearing completion of substantial production capacity for dynamic random access memory (DRAM) integrated circuits. The additional production, in light of the likely U.S.-origin technology, threatens the long term economic viability of U.S. suppliers of these essential components of U.S. military systems. "When a foreign company engages in activity contrary to our national security interests, we will take strong action to protect our national security. Placing Jinhua on the Entity List will limit its ability to threaten the supply chain for essential components in our military systems," Secretary of Commerce Ross said.
Jinhua is nearing completion of substantial production capacity for dynamic random access memory (DRAM) integrated circuits. The additional production, in light of the likely U.S.-origin technology, threatens the long term economic viability of U.S. suppliers of these essential components of U.S. military systems. "When a foreign company engages in activity contrary to our national security interests, we will take strong action to protect our national security. Placing Jinhua on the Entity List will limit its ability to threaten the supply chain for essential components in our military systems," Secretary of Commerce Ross said.