Chinese chip maker fires all American workers: Report

A Chinese chipmaker has asked all of its U.S. it. Employees in core tech positions to leave as company struggles to comply with new US regulations it. export controls, according to a new report.

The move by Yangtze Memory Technologies Co. (YMTC) follows Apple’s decision to abort plans to use its memory chips, following Washington’s imposition of tight export controls.

Semiconductor chips

Semiconductor chips are seen on a circuit board of a computer.

A person close to the matter told the Financial Times that asking staff to resign is “necessary for the company and the right move for employees’ personal risk as well.”

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It remains unclear how many US it. Citizens and green card holders would be forced to leave. People close to the company told The Times that some employees have already left the country.

Two Chinese spies charged with allegedly obstructing the US it. Investigation in Huawei

The US

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The department said its updated export controls focus on those areas because China can use the chips, supercomputers and semiconductors to create advanced military systems — including weapons of mass destruction — commit human rights abuses and improve the speed and accuracy of its military decision-making. , planning and logistics.

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The Commerce Department, which consults with close allies and partners about its control efforts, said the updates are part of ongoing efforts to protect U.S. it. National security and foreign policy interests.

“The threat environment is always changing, and we are updating our policies today to make sure we address the challenges posed by (China) while continuing our outreach and coordination with allies and partners,” Under Secretary of Commerce for Industry and Security Alan Estevez said in a statement.

Tensions have been rising between the US and China over technology and security. Last month, the Chinese government called on Washington to relax its technology export curbs after California-based chip designer Nvidia said a new product could be delayed and some work could be moved out of China.

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Washington has tightened controls and lobbied allies to limit Chinese access to the most advanced chips and tools to develop its own. China is spending heavily to develop its fledgling producers, but so far can not make high-end chips used in the most advanced smartphones and other devices.

The Associated Press contributed to this report.


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