The Biden administration is being urged to put a Chinese company on a blacklist for violating export controls.
Schumer told the Financial Times that he was concerned about a report that showed YMTC provided memory chips for the Mate Xs 2, the new flagship foldable phone fromHuawei.
In a reference to the commerce department blacklist that bars US companies from selling technology to groups on the list, Schumer said, "This report is extremely troubling and further underscores the need for the administration to act swiftly."
YMTC is a Chinese technology company that has come under scrutiny in the US. Washington is trying to boost the US chip industry while making it harder for China to get access to technology.
According to a report from the IP Research Group, YMTC may be in violation of the US Foreign Direct Product Rule because they are giving chips toHuawei.
The rule was put in place by the Trump administration in 2020.
The chair and vice-chair of the Senate Intelligence Committee supported adding YMTC to the list. Michael McCaul was the top Republican on the House Foreign Affairs Committee.
Warner said that the Chinese Communist Party wanted to shift control of global microelectronics to the People's Republic of China. It is too late to act.
AdvertisementThe White House considers YMTC to be a Chinese national champion. US lawmakers and officials are worried that YMTC will dump advanced chips at below market prices, putting pressure on US, European, and other Asian manufacturers.
When it comes to enriching the Chinese Communist Party, YMTC does for memory chips whatHuawei does for phones. The two Chinese companies are breaking US law by teaming up.
The more Biden drags his feet, the more it shows greedy corporations that it is okay to do business with them.
The commerce department was looking into the claims that YMTC supplied memory chips for a different phone.
McCaul said that the report closes down any questions about YMTC's compliance with US export controls. The problem could be solved with a pen. Gina Raimondo ignores this problem.
The bureau of industry and security is conducting a review of existing policies related to China and will potentially seek to employ a variety of legal, regulatory, and enforcement tools to keep advanced technologies out of the wrong hands.
The US lawmakers put pressure on Apple after it was reported that it was considering buying memory chips from YMTC.
The US would have to show that it knew the chips were destined for the Chinese company, which would not be the case if they were sold through a middleman.
A person familiar with an analysis of the Mate Xs 2 said it contained components that would require the phone manufacturer to deal with YMTC in order to tailor the chips for the foldable phone.
The company didn't say anything to comment. A request for comment was not responded to by YMTC.
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