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Reuters
Reuters
Business

U.S adding China chipmaker SMIC to economic blacklist, Ross confirms

FILE PHOTO: A logo of Semiconductor Manufacturing International Corporation (SMIC) is seen at China International Semiconductor Expo (IC China 2020) in Shanghai, China October 14, 2020. REUTERS/Aly Song

The United States is adding dozens of Chinese companies, including the country's top chipmaker SMIC, to a trade blacklist on Friday, Commerce Secretary Wilbur Ross said Friday in a broadcast interview, confirming a move first reported by Reuters.

The department was also adding 11 affiliates of SMIC, Ross said in a Fox Business Network interview, to prevent their access to more advanced U.S. technology. It is seen as the latest in President Donald Trump's effort to cement his tough-on-China legacy.

(Reporting by David Shepardson; Editing by Alex Richardson)

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