- The United States Department of Commerce, Bureau of Industry and Security has announced a series of major updates to the Export Administration Regulations focused on export controls around semiconductors, integrated circuits, related manufacturing equipment, advanced computing, and supercomputers.
- The new restrictions, outlined in this Alert, are generally focused on activities involving the People’s Republic of China.
- The impact of these changes on the semiconductor industry is immense, and the greatest impact will be felt by companies with business in the PRC involving semiconductor manufacturing, advanced computing, and supercomputers.
Source EY
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