The US has placed 36 Chinese tech companies on its sanctions list. Last Minute WORLD headlines and events

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12/16/2022 00:32



The US administration has added 35 Chinese and one Japanese technology company linked to China to the sanctions list. 21 of the companies included in the sanctions list, especially…






US imposes sanctions on 36 Chinese tech companies


The US administration has added 35 Chinese and one Japanese technology company linked to China to the sanctions list. 21 of the companies included in the sanctions list are companies that produce chips and technologies, especially in the field of artificial intelligence.

Among the companies added to the sanctions list is YMTC, one of the leading chip companies.

It is alleged that YMTC was included in the list due to fears that it will change the technologies developed by the United States and transfer them to Huawei and Hikvision, which were previously on the US sanctions list.

The latest decision removed 27 Chinese companies from the list of approved companies. To be on the list of approved companies, companies must be approved by the Chinese Ministry of Commerce and must pass on-the-spot checks to export their technology from the United States.

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