US considers more Chinese companies for 'entity list,' source says

Karen Freifeld

Thu, May 15, 2025, 4:12 PM 1 min read

By Karen Freifeld

WASHINGTON (Reuters) -The U.S. Commerce Department is considering placing much Chinese companies, including ChangXin Memory (CXMT), connected its restricted export list, a idiosyncratic acquainted with the substance said.

The Bureau of Industry and Security is besides looking astatine adding subsidiaries of Semiconductor Manufacturing International Corporation and Yangtze Memory Technologies Co. to the "Entity List", the idiosyncratic said.

Timing of determination has been analyzable by a caller commercialized woody betwixt the U.S. and China, according to the Financial Times, which archetypal reported the news.

Companies connected the database cannot person goods oregon exertion exports without a license, which is mostly denied. Companies are added for activities viewed arsenic contrary to U.S. nationalist information oregon overseas argumentation interests.

The Biden medication added much than 2 twelve Chinese entities to the database successful January, including Zhipu AI, a developer of ample connection models, and Sophgo, a institution whose TSMC-made spot was illegally incorporated into a Huawei artificial quality processor.

The Commerce Department astatine that clip besides strengthened controls connected the travel of chips to China to amended forestall diversion to Huawei.

(Reporting by Jasper Ward; Editing by Stephen Coates)