Today's video covers the following news: 1. US announces the most comprehensive and strictest chip export restrictions on China:
The new measures may prevent Chinese Americans specializing in this field from serving China in the future. These individuals are key players in developing the business of relevant Chinese companies. Industry insiders in China say that if Chinese chip companies cannot hire American talent, the impact will be greater than being blocked from buying chip equipment.
These individuals have long been considered critical to the CCP's goal of upgrading China's chip and technology industry. Many pride themselves on their experience working at top U.S. companies such as Intel, Applied Materials, and Lam Research.
2. Relevant U.S. companies immediately withdraw from China
In addition to restricting access to U.S. talent, the export controls announced on Oct. 7th also require that semiconductors made using American technology for artificial intelligence, high-performance computing, and supercomputers must have a government export license before they can be sold to China. The ban has also tightened the sale of semiconductor manufacturing equipment to any Chinese company.
The Bureau of Industry and Security from the U.S. Department of Commerce said this round of bans will restrict the CCP's ability to acquire advanced computing chips and supercomputers and make advanced semiconductors. Such technology and products have been used by the CCP in the past to upgrade its military systems, and weapons of mass destruction, and even to violate human rights.
Recently, the US announced the most comprehensive and strictest chip export restrictions on China.
It might have prevented Chinese Americans specializing in this field from serving China
in the future. These individuals are key players in developing the business of relevant Chinese
companies. Industry insiders in China say that if Chinese chip companies cannot hire American
talent, the impact will be greater than being blocked from buying chip equipment.
Chinese Americans hold key positions in important chip-related companies in China.
Industry executives and analysts say the restrictions could wreak havoc on China's
chip industry. Sources close to the matter told Nikkei Asia that according to both top executives
and public documents, several major chip equipment and materials companies based in China were
founded by Chinese with US citizenship. Hundreds of executives and professionals at the heart of
so-called self-reliant chip ecosystem that the Chinese Communist Party, or CCP, is trying to
build also hold US citizenship. These individuals have long been considered critical to the CCP's
goal of upgrading China's chip and technology industry. Many pride themselves on their
experience working at top US companies such as Intel, Applied Materials, and Lam Research.
For the first time, US export controls on China have been expanded to prevent Americans from
supporting high-end Chinese chip development and production without a license that could advance
the Communist Party's technology applications, ranging from military uses and artificial
intelligence to supercomputers. It is a heavy blow to China's semiconductor industry.
In order to maintain the hegemony of science and technology, the United States abused export
control measures and maliciously blocked and suppressed Chinese enterprises.
This approach deviates from the principle of fair competition and violates international
economic and trade rules. It not only harms the legitimate rights and interests of Chinese
enterprises, but also affects the rights and interests of American companies.
Relevant US companies immediately withdraw from China. In addition to restricting access to US
talent, the export controls announced on October 7 also require that semiconductors made using
American technology for artificial intelligence, high-performance computing, and supercomputers
must have a government export license before they can be sold to China.
The ban has also tightened the sale of semiconductor manufacturing equipment to
any Chinese company. Tech News reports that the US government has issued a notice requiring
companies such as KLA Corp., Lam Research Corp., and Applied Materials to immediately
stop exporting equipment for the production of advanced logic chips to China. To comply
with government regulations, Applied Materials, Lam Research, and Tokyo Electron have withdrawn
their staff from relevant companies in China. Not only have they stopped selling the equipment,
but also will no longer provide technical maintenance for the sold equipment,
affecting all wafer fabs below 14 nanometers. The report also mentioned that on October 10,
KLA Corp. withdrew its staff from YMTC, and Applied Materials will also withdraw all its
resident staff from YMTC on October 12. The Bureau of Industry and Security from the US
Department of Commerce said this round of bans will restrict the CCP's ability to acquire
advanced computing chips and supercomputers and make advanced semiconductors. Such technology
and products have been used by the CCP in the past to upgrade its military systems
and weapons of mass destruction, and even to violate human rights.
