- Export curbs on SMIC could deal a heavy blow to China’s pursuit of an independent semiconductor sector
- Restrictions may also slow company’s development of advanced processing nodes
The latest US restrictions on Chinese firm Semiconductor Manufacturing International Corporation (SMIC) could deal a heavy blow to China’s push for a robust home-grown semiconductor industry, analysts say.The US government moved to impose the restrictions following a review that concluded the Shanghai-based company’s chips might be used by the Chinese military. The US commerce department told SMIC’s American suppliers on Friday to apply for a licence to sell technologies to SMIC.
“The inclusion of SMIC into a US trade blacklist would deal a heavy blow to China’s plans to develop its domestic semiconductor industry,” said Arisa Liu, an industry analyst at the Taiwan Institute of Economic Research.