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Business

Chinese, Indian companies hit as we add 32 entities to exchange black list

Chinese, Indian companies hit as we add 32 entities to exchange black list
The American and Chinese flags are photographed at the negotiating table during a bilateral meeting between the United States and China, in Geneva, Switzerland, on May 10, 2025. -reuters
The American and Chinese flags are photographed at the negotiating table during a bilateral meeting between the United States and China, in Geneva, Switzerland, on May 10, 2025. -reuters

The United States has set 32 ​​companies and organizations on Friday – including businesses in India, Iran, Turkey and the United Arab Emirates – in its commercial black list, according to a US government announcement.

The move punishes two Chinese companies accused of acquiring US chipmaking equipment for China’s leading semiconductor manufacturer Smic.

GMC (Wuxi) Co and Jicun Semiconductor Technology Technology Technology Technology was placed on the list, which is typically known as the list of entities, for the acquisition of equipment for Smic Northern Integrated Circuit Manufacturing (Beijing) Corp and SmiconDuctor Manufacturing International (Beijing), the federal posting register said.

Smic companies were already on the entity list and sending US equipment to them requires licenses, which would probably have refused.

Shanghai Fudan Microelectronics Technology Co, which is involved in the production of high performance computing chips, as well as related companies and other entities in China, Singapore and Taiwan, were added to China’s list and security and security. ”

Shanghai Fudan Microelectronics has also supplied technology to Russian military finals, according to the Trade Department, which has put an additional restriction on the company.

Companies could not be approached immediately for comments.

Entities in India, Iran, Turkey and the United Arab Emirates were also added to the list, the post showed.



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