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Chinese Company Fujian Jinhua Integrated Circuit Company Banned from Receiving US Exports

Category: General News
Posted: 08:24AM

Yesterday it was announced the Chinese company Fujian Jinhua Integrated Circuit Company would be banned from receiving any exports from the United States, with the Department of Commerce citing national security concerns. The company should soon be completing a DRAM factory that could be the largest such factory in the world. According to the announcement, there is a significant risk of the company becoming involved in activities that are contrary to US national security interests.

ZDNet also notes Micron Technology, a US company, is currently in a legal battle with Fujian Jinhua and its Taiwanese partner United Microelectronics Corp, claiming they stole its chip designs.

Source: ZDNet and US Department of Commerce

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