#HefeiCoreStorageElectronic

[cryptograndeenews]

The United States hit even little-known Chinese startups with the latest sanctions.

US authorities have spent a lot of time studying supply chains in the Chinese semiconductor industry, and the new package of sanctions imposed on semiconductor companies from the Middle Kingdom has a precisely calculated basis. Even little-known startups from among those with potential in the semiconductor industry fell under the new restrictions.

For example, PXW Semiconductor Manufactory, along with 35 other companies, was blacklisted. American businesses are prohibited from exporting goods without first obtaining permission from Washington, which is usually almost impossible to achieve. According to one of the experts, what is happening is reminiscent of the popular game “kill the mole” - as soon as the United States imposes restrictions on some Chinese companies, new ones immediately appear.

Hefei Core Storage Electronic, founded by a former employee of the Taiwanese chip developer VIA Technologies, was also added to the “black list”. A startup from China was going to present an alternative to Intel processors, but also "got on the radar." The U.S. is seeking a "detailed understanding" of Chinese industry, including looking at companies little known to the public, according to one U.S. government source… Detail: https://bitcoingrandee.com/posts/70 NEWS