Biden Administration's New Semiconductor Export Rule Targets China, Exempts Allies
The Biden administration plans to introduce a rule to stop semiconductor manufacturing equipment exports to Chinese chipmakers. This excludes imports from key allies, such as Japan and South Korea. The rule aims to curb China's semiconductor advancements without straining relationships with other nations.
The Biden administration will introduce a new rule next month that restricts semiconductor manufacturing equipment exports to Chinese chipmakers, sources said.
Key allies like Japan and South Korea will be excluded, thereby minimizing the rule's impact on the global semiconductor market.
The rule seeks to limit China's technological progress while maintaining strong diplomatic relationships with allied nations, in an effort to ensure U.S. national security and technological dominance.
(With inputs from agencies.)
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