On 2 December, the US Bureau of Industry and Security (“BIS”) announced a new package of rules with the aim to stay years ahead of China when it comes to advanced technologies and semiconductor capabilities.
In a statement announcing the package, Under Secretrary of Commerce for Industry and Security Alan Estevez said, “This action builds on BIS’s laser-focused work, undertaken over the past few years, to impose strategic controls that have hindered the PRC’s ability to produce advanced semicon...
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