The News GodThe News GodThe News God
  • Politics
    • Trump
  • News
    • Wars & Conflicts
  • Business & Finance
  • Lifestyle & Health
  • Law
  • Sports
  • Tech & Autos
  • Home & Garden
  • Videos
  • More
    • Travel & Tour
    • Education
    • Entertainment
      • Biography
      • Net Worth
      • Famous Birthdays
    • General
    • Pets
    • Blog
    • About Us
    • Disclaimer
    • Media Partners
    • Why You Need to Read Business News Everyday
    • Authors
    • Terms of Service & Privacy Policy
Reading: The US implements new export controls to curb China’s chip industry.
Share
Font ResizerAa
The News GodThe News God
Font ResizerAa
  • Politics
  • News
  • Business & Finance
  • Lifestyle & Health
  • Law
  • Sports
  • Tech & Autos
  • Home & Garden
  • Videos
  • More
Search
  • Politics
    • Trump
  • News
    • Wars & Conflicts
  • Business & Finance
  • Lifestyle & Health
  • Law
  • Sports
  • Tech & Autos
  • Home & Garden
  • Videos
  • More
    • Travel & Tour
    • Education
    • Entertainment
    • General
    • Pets
    • Blog
    • About Us
    • Disclaimer
    • Media Partners
    • Why You Need to Read Business News Everyday
    • Authors
    • Terms of Service & Privacy Policy
Follow US
  • About Us
  • Authors
  • Advertise
  • Contact Us
  • Disclaimer
  • My Bookmarks
  • Terms of Use & Privacy Policy
  • Media Partners
The News God > Blog > News > The US implements new export controls to curb China’s chip industry.
News

The US implements new export controls to curb China’s chip industry.

Torffic Frimpong
Last updated: September 6, 2024 11:10 am
Torffic Frimpong - Content Writer
September 6, 2024
Share
3 Min Read
China's chip industry
SHARE

According to the US Commerce Department, the restrictions follow consultations with foreign partners.

The US has imposed new export curbs on quantum computers and semiconductor production machinery amid concerns about rivals like China operating advanced technologies.

Announcing the limits on exports, the US Department of Commerce said Thursday that following consultations with foreign partners, this would strengthen relationships with “like-minded countries.”

Today’s action ensures our national export controls keep in step with rapidly evolving technologies and are more effective when we work in concert with international partners,” said Under Secretary for the Bureau of Industry and Security Alan Estevez in a statement.

Related Posts

Officer shot and injured in ‘ambush assault’ in Los Angeles.
Black Student Put to Alternative Education for Hairdo Suspension
Another suspect in the Sacramento shooting has been arrested in Las Vegas.
Officer From Virginia State University Was Shot Near Campus and is Gravely Injured, According to Officials.

“It is significantly harder for our opponents to devise and deploy these technologies in ways that threaten our collective security when our controls on quantum and other advanced technologies are aligned.”

:

Regarding the emerging geopolitical rivalry between Washington and Beijing, America has tried to strangle China’s tech economy by clamping restrictions on advanced semiconductors and associated equipment.

Under President Joe Biden’s leadership, the US administration has forced allies to implement their own rules to limit China’s access to semiconductor technology.

The Netherlands imposed stricter curbs on the export of semiconductor-making equipment on Friday.

Dutch Foreign Trade Minister Reinette Klever said in a statement, “We see that technological advancements have given rise to increased security risks associated with the export of this specific manufacturing equipment, especially in the current geopolitical context.”

Japan, along with other countries, has already supported US efforts to strangle China’s tech industry by restricting exports of advanced chip-making machinery.

Beijing has responded to the situation by investing billions into its own sector in a race to become self-sufficient in advanced chips.

But despite a US effort to restrain its competition, chips made by the industry leader, Taiwan Semiconductor Manufacturing Co Ltd., are only about three years behind those produced in China, according to a recent analysis by TechanaLye, a semiconductor research organization based in Tokyo.

China’s Ministry of Foreign Affairs said on Friday that the US was disrupting international supply chains and violating market rules.

Speaking at a regular press briefing, a spokesperson, Mao Ning, said, “This does not serve the interests of any party.”

What is Picoworkers Success Rate
A parent of a child who survived the shooting in Uvalde reacts to the trauma.
Video – You idiots think the NewYork Times is Like Asempa FM- Kelvin
Man fatally shot near the Hollywood Walk of Fame
World Food Programme: Afghanistan Earthquakes ‘Disaster on Top of a Calamity’
Share This Article
Facebook Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Cristiano Ronaldo Cristiano Ronaldo breaks down in tears after scoring the 900 career goal.
Next Article School shooting School shooting leaves parents in a fear of ‘worst nightmares’
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Publications

Central Texas flood
The death toll from Central Texas flood rises as rescuers continue to search for victims
News
July 5, 2025
Verlonis Biography, Net Worth, Personal Details, Boyfriend, Age, Measurements & More
Verlonis Biography, Net Worth, Personal Details, Boyfriend, Age, Measurements & More
Biography
July 4, 2025
Over 20 Peple Injuered In an Explosion at Rome petrol station
At Least 45 Peple Injuered In an Explosion at Rome petrol station
News
July 4, 2025
India Launches $234 Million Drone Incentive Program after clash with Pakistan
India Launches $234 Million Drone Incentive Program after clash with Pakistan
News
July 4, 2025
One of Sweden's most-wanted suspected gang leaders by Turkish authorities
One of Sweden’s most-wanted suspected gang leaders arrested by Turkish authorities
News
July 4, 2025

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe

You Might also Like

Fox News Today: Andy McCarthy: Watch for indictments in Durham report
News

Fox News Today: Andy McCarthy: Watch for indictments in Durham report

December 20, 2019
AfrikRising Founder and CEO Christine Reidhead Building a school in Ghana, Africa
News

AfrikRising International’s Project in Ghana Becomes a Reality

April 29, 2021
Air India Plane Crash: 1 Man Suvived, 260 People Killed Including those on the Ground
News

Air India Plane Crash: 1 Man Suvived, 260 People Killed Including those on the Ground

June 12, 2025
NewsPolitics

Democratic Senator Praises Feinstein’s Energy and Concentration Despite Slew of Missed Votes, Absences

May 21, 2023
Show More
© 2025 Thenewsgod. All Rights Reserved.
  • About
  • Contact Us
  • Terms of Use & Privacy Policy
  • Disclaimer
  • Authors
  • Media Partners
  • Videos
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?