China Tech Threat Co-Founder Dr. Roslyn Layton issued the below statement following the U.S. Commerce Department’s announcement today that YMTC, a state-backed chip maker with close ties to the People’s Liberation Army (PLA), has been added to the Entity List, along with several other Chinese companies.
“The Commerce Department passed the 60-day window it set for itself to determine if PRC national champion chipmaker YMTC should be moved from the Unverified List to the Entity List. Its October 7 Export Control announcement seemed to signal a new era of enforcement at Commerce’s Bureau of Industry and Security (BIS), but praising ‘better behavior’ and ‘changes in attitude’ from China is not a strategy that will protect America’s national and economic security, especially given the Chinese government’s long history of cheating and promise-breaking. Bipartisan leaders on the Hill agree that it’s high time for YMTC to get added to the Entity List. It’s threat profile is only growing and other PRC national champion chipmakers like CXMT follow in its wake, taking full advantage of America’s predictable dithering.”
For more from Dr. Layton, see her latest Forbes column here.