Article 63BF6 US bans ‘advanced tech’ firms from building facilities in China for a decade

US bans ‘advanced tech’ firms from building facilities in China for a decade

by
Joanna Partridge
from on (#63BF6)

Move comes as Biden administration outlines plans to boost domestic production of semiconductors

US technology firms that receive government funding will be banned from building advanced technology facilities" in China for a decade, the Biden administration has announced, as it outlined plans to increase domestic production of semiconductors.

The requirements come under the US government's near-$53bn (46bn) plan to scale up manufacturing of semiconductor chips - the brain" in every electronic device from cars to household appliances - which are predominantly produced in Asia.

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