Security News > 2022 > December > US adds 36 Chinese entities to naughty list, drops 25 after checking it twice

US adds 36 Chinese entities to naughty list, drops 25 after checking it twice
2022-12-16 05:14

The United States Department of Commerce has added 36 Chinese companies or subsidiaries to its list of companies that cannot import certain US technologies without a license, citing national security, foreign policy interests, and the possibility that some might help already banned companies to evade restrictions.

YMTC is already listed on the Department's Unverified List and is therefore unable to procure some US wafer fab equipment and other US-made technologies.

YMTC, a company named Hefei Core Storage Electronic Limited, and another named PXW Semiconductor Manufactory, were included "Based on information indicating that these companies present a risk of diversion to parties on the Entity List." YMTC and Hefei Core Storage are suspected of funnelling kit to Huawei and/or Hikvision Digital Technology.

At the same time the Department added the companies to the entity list, it also removed 25 after they filed paperwork proving they don't deserve sanctions.

The Department also added nine Russia-affiliated entities to its Unverified List of organizations that can't be assessed as worthy of permission to import or export.

A company on the UVL list has 60 days to prove the company and its products are in compliance with export rules.


News URL

https://go.theregister.com/feed/www.theregister.com/2022/12/16/us_bans_companies_it_suspects/