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Search resuls for: "department's Bureau of Industry"


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The Biden administration is rolling out new export controls on critical technologies, including quantum computing and semiconductor goods, as China makes advances in the global chips industry. The department cited "national security and foreign policy reasons" for the move, and said it was the product of extensive discussions with international partners. These restrictions cover worldwide exports, but adds exemptions for countries that add similar controls, such as Japan and the Netherlands have done in the past. "Aligning our controls on quantum and other advanced technologies makes it significantly more difficult for our adversaries to develop and deploy these technologies in ways that threaten our collective security," he added. BIS also said it is also continuing to strengthen relationships with its allies to boost the effectiveness of export controls aimed at degrading Russia's military capabilities, as well as its "enablers" such as Belarus and Iran.
Persons: Biden, Alan Estevez Organizations: U.S . Department of Commerce, department's, of Industry and Security, BIS Locations: China, U.S, Japan, Netherlands, Belarus, Iran
A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. The report said AMD designed the chip to have lower performance than its premium products in order to comply with U.S. export restrictions. But Bloomberg reported the Commerce Department did not clear the chip for sale in China because it was still too advanced. AMD will now have to obtain a license from the department's Bureau of Industry and Security, the report said. AMD and the Commerce's Bureau of Industry and Security did not immediately respond to CNBC's requests for comment.
Persons: It's Organizations: Devices, Bloomberg, AMD, Commerce Department, department's Bureau of Industry, Security, Commerce's Bureau of Industry Locations: China, department's, U.S, Beijing
A broken window is seen after Russia launched 33 drones into the direction of Kyiv region, Ukraine on September 10, 2023. In a separate statement, the Ukrainian Air Force said that Russia sent 33 Shahed unmanned aerial vehicles (UAVs) toward Kyiv and Ukrainian forces shot down 26 of them. Anadolu Agency | Anadolu Agency | Getty ImagesThe Biden administration slapped fresh trade curbs on 11 Chinese and five Russian companies Monday, targeting foreign actors seen as compromising national security and drawing Beijing's ire. None of the Chinese entities cited were able to immediately respond to CNBC's requests for comment. CNBC was unable to reach the spokesperson of one company for comment, while some of the companies did not have public contact details.
Persons: Biden, Hong, Alan Estevez Organizations: Ukrainian Air Force, Anadolu Agency, Getty, Asia, Technology, U.S, Commerce Department's, of Industry, Commerce, Industry, CNBC Locations: Russia, Kyiv region, Ukraine, Kyiv, Ukrainian, Anadolu, U.S, Hong Kong, St . Petersburg, Iran, Yemen, Washington
The difficulty of this achievement also shows the resilience of the country’s chip technological ability," TechInsights analyst Dan Hutcheson said. EUV refers to extreme ultraviolet lithography and is used to make 7 nm or more advanced chips. LIMITED ACHIEVEMENTThe most advanced chip SMIC had previously been known for making was 14nm, as it was barred by Washington in late 2020 from obtaining an EUV machine from Dutch firm ASML (ASML.AS). But TechInsights last year said it believed SMIC had managed to produce 7 nm chips by tweaking simpler DUV machines it could still purchase freely from ASML. Jefferies analysts reckon Huawei is preparing to ship ten million units of the Mate 60 Pro, though it may struggle to support that quantity with China-made 7 nm chips.
Persons: Gina Raimondo's, chipmaker SMIC, Dan Hutcheson, EUV, Jefferies, TechInsights, SMIC, Tilly Zhang, Dragonomics, Zhang, Doug Fuller, David Kirton, Max Cherney, Brenda Goh, Miyoung Kim, Nick Zieminski Organizations: FRANCISCO, Huawei Technologies, U.S, Huawei, U.S . Commerce, Kirin, HK, U.S . Commerce Department's, of Industry, Security, China, U.S . Department of Commerce, China's State Council, Reuters, Copenhagen Business School, Thomson Locations: SHENZHEN, China, California, Washington, Ottawa, U.S, China's, Netherlands
Qaem-5 precision-guided munition, documented by Conflict Armament Research in Ukraine. Shahed-131 UAV documented by Conflict Armament Research in Ukraine. Circuit boards of four different items of Russian military equipment found in Ukraine by Conflict Armament Research investigators. Electronic components documented by Conflict Armament Research investigators in Ukraine. Source: Conflict Armament Research
April 7 (Reuters) - The U.S. Department of Commerce is weighing an enforcement action against Russian cybersecurity company Kaspersky Lab, the Wall Street Journal reported on Friday citing people familiar with the matter. President Joe Biden's administration is looking at an enforcement action against the company under its online security rules, the report said. The administration ramped up its national security probe into Kaspersky Lab's antivirus software last year as fears grew about Russian cyberattacks after Moscow invaded Ukraine. Kaspersky Labs did not immediately respond to a Reuters request for comment. The reported enforcement action on Kaspersky follows the introduction of a new U.S. legislation that would allow the White House to ban China based TikTok or other foreign-based technologies if they pose a national security risk.
March 3 (Reuters) - The Biden administration approved 192 licenses worth over $23 billion to ship U.S. goods and technology to Chinese companies on a U.S. trade blacklist in the first quarter of last year, according to a document released by a U.S. congressional committee on Friday. The 192 licenses granted were out of 242 license applications decided between January and March 2022, a chart showed, and 115 of those approved contained controlled technology. Nineteen, or 8 percent of the total number of applications, were denied, and 31 were returned without action. "This critical U.S. technology is going to the Chinese Communist Party's surveillance and military efforts," he said. BIS also noted that licenses for some well-known Chinese companies are reviewed under policies set by the Trump administration that do not carry presumptions of denial.
WASHINGTON, Feb 27 (Reuters) - The U.S. Commerce Department and other government agencies approved about 69.9% of export license applications involving China in the 2022 budget year, according to written testimony made public ahead of a U.S. House hearing Tuesday. Companies on the Entity List are restricted from receiving U.S.-origin goods and technology. Commerce also maintains the Unverified List (UVL) that requires checks for U.S. technology use. BIS warned in October that unverified users could be moved to the more restrictive Entity List. Estevez said it removed 25 of 28entities from the unverified list after checks in late 2022.
The Biden administration said Thursday it was "severely" restricting dozens of mostly Chinese organizations, including at least one chipmaker, over their efforts to use advanced technologies to help modernize China's military. The Bureau's latest action comes more than two months after the Biden administration imposed new curbs on China's access to advanced semiconductors. "I've long sounded the alarm on the grave national security and economic threats behind YMTC and other CCP-backed technology companies, like CXMT and SMIC," Senate Majority Leader Chuck Schumer, D-N.Y., said in a statement Thursday morning. "YMTC poses an immediate threat to our national security, so the Biden Administration needed to act swiftly to prevent YMTC from gaining even an inch of a military or economic advantage," Schumer said. Four more were added due to "their significant risk of becoming involved in activities that could have a negative impact" on U.S. national security of foreign policy, according to the release.
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