US bans export to Chinese DRAM maker Fujian Jinhua

Posted on Wednesday, October 31 2018 @ 14:05 CET by Thomas De Maesschalck
The US Commerce Department issued an export ban on Fujian Jinhua Integrated Circuit Co., a Chinese DRAM maker. The Trump Administration claims Fujian Jinhua IC poses a significant risk to the national security interests of the US. The state-backed company is close to completing its DRAM fab in the southern Chinese city of Fujian, and the US claims Fujian Jinhua's technology likely originated in the US.

A couple of months ago, there was a story that engineers from foundry UMC stole DRAM trade secrets from US-based Micron for the Chinese memory maker.
Fujian Jinhua “poses a significant risk of becoming involved in activities that are contrary to the national security interests of the United States,” said the Commerce Dept. in a statement. “The additional production, in light of the likely U.S.-origin technology, threatens the long-term economic viability of U.S. suppliers of these essential components of U.S. military systems.”

“When a foreign company engages in activity contrary to our national security interests, we will take strong action to protect our national security,” said U.S. Commerce Secretary Wilbur Ross in the statement.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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