KPMG: SMART PRACTICE
In October 2022, the US Bureau of Industry and Security (“BIS”) updated the US Export Administration Regulations (“EAR”) and released a wave of regulations that imposed significant controls on the export of advanced computing and semiconductor manufacturing items to China. In the last year, companies have delved into their supply chains to understand if, and how, their products and technology may be subject to these regulations. In October 2023, these rules were strengthened...
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