New Forbes Column: Commerce Department Inaction on YMTC Harms Americans, Shames Sec. Raimondo

For months China Tech Threat and other national security leaders have pressed the Commerce Department to put Chinese military-linked chipmaker YMTC on the Entity list. That move would prohibit U.S. firms from selling high-tech tools to YMTC – a much-needed step to protect Americans’ privacy and national security. Unfortunately, YMTC this week announced the ability to develop 232-layer chips, a major technological breakthrough. Any new Commerce Department export controls targeting YTMC will now be too little, too late. Forbes columnist and China Tech Threat co-founder Roslyn Layton’s new column elaborates on the problem: The Commerce Department is clearly failing on its mission to promote and protect US technologies from China. Many of its existing restrictions are not enforced, and bad… Read More

Bipartisan Group of Senators Pushes Commerce Department to Restrict China’s YMTC

As Chinese military-backed chipmaker YMTC continues to depend on American technology to gain market share in the semiconductor sector, seven U.S. Senators have sent a letter to Commerce Secretary Gina Raimondo characterizing the company as an “immediate threat” and urging it to be placed on the Commerce Department’s Entity List – meaning American firms would be banned from selling key technologies to YMTC. While senators including Bill Hagerty, Marco Rubio, and Mark Warner have long raised the dangers of YMTC and called for placement on the Entity List, this letter represents the most definitive and bipartisan statement from Congress to date on the issue, with Senate Majority Leader Chuck Schumer, Senators John Cornyn, James Risch, and Mike Crapo joining Hagerty,… Read More

Estevez Senate Hearing: Mixed Messages on YMTC Continue

Bureau of Industry and Security (BIS) Under Secretary Alan Estevez testified to the Senate Banking Committee on Thursday about issues related to U.S. Export Controls. There is still no clarity what the U.S. government’s stance is on Chinese military-linked chipmaker YMTC. Senator Mark Warner of Virginia told Estevez that American memory chip manufacturers have complained to him about YMTC’s activities, which he said are “typical of a lot of the new Chinese memory and chip-related firms.” That is to say, they are tied to the Chinese military and benefit from massive subsidies designed to kill off foreign competitors. Sen. Warner also noted a recent Financial Times story detailing YMTC’s ties to Huawei, the Chinese telecommunications firm on the Commerce Department’s… Read More