Inside Trade

July 23, 2024

McCaul, other GOP chairs demand BIS action against Huawei, SMIC

By Brett Fortnam  / September 15, 2023 at 1:59 PM
The Bureau of Industry and Security should immediately take steps to sanction Huawei and the Semiconductor Manufacturing International Corporation and block all U.S. exports to those companies, the chairs of key House committees told the head of the agency on Friday. Reports that Huawei developed a smartphone that uses seven-nanometer chips produced by SMIC, Beijing’s state-owned semiconductor giant, indicate the two companies have violated U.S. export control regulations, they said. “We are extremely troubled and perplexed about [BIS’] inability to...

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