Robert Besser
27 May 2023, 12:44 GMT+10
Representative Mike Gallagher, chair of the U.S. House of Representatives committee on China, says that after Beijing banned the sale of some chips made by US company Micron Technology earlier this week, the Commerce Department should also place restrictions on Chinese memory chip maker Changxin Memory Technologies (CXMT).
Responding to Beijing's move, White House press secretary Karine Jean-Pierre told reporters on Tuesday the Chinese announcement on Micron was "not based in fact," the Commerce Department was "engaged directly" with China over the issue.
On Tuesday, Senate Majority Leader Chuck Schumer, the top Democrat in the Senate, also said he is discussing the situation with the broader business community and allies.
Gallagher, an influential lawmaker whose select committee on China has pressed the Biden administration to take tougher stances on China, is the only lawmaker to call for retaliatory action so far.
In a statement, he said the US "must make clear to the People's Republic of China (PRC) that it will not tolerate economic coercion against its companies or its allies."
"The Commerce Department should immediately add ChangXin Memory Technologies to the entity list and ensure no US technology, regardless of specifications, goes to CXMT, YMTC, or other PRC firms operating in this industry," he added.
CXMT is China's leading maker of DRAM memory chips, while chipmaker Yangtze Memory Technologies Corp (YMTC) has been placed on the US blacklist list December 2022.
The Commerce Department must ensure "no US-export licenses granted to foreign semiconductor memory firms operating in China are used to backfill Micron, and our South Korean allies, who have experienced exactly this kind of Chinese Communist Party (CCP) economic coercion firsthand in recent years, should likewise act to prevent backfilling," Gallagher said.
Analysts believe CXMT's chips are two to three generations behind industry leaders Micron and South Korea's Samsung and SK Hynix.
Get a daily dose of Paris Guardian news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Paris Guardian.
More InformationJEFFERSONVILLE, Indiana: Randy Lankford, owner of Lankford Funeral Home and Family Center in Jeffersonville, Indiana, has pleaded guilty to more ...
DENVER, COLORADO: A federal judge has ruled that a rural Colorado school district can ban a high school student from ...
ZURICH, Switzerland: In one of the largest legal awards ever against Credit Suisse, the bank was ordered to pay $926 ...
DETROIT, Michigan: Amid broader global concerns over semiconductor chip supplies, sanctions and national security, Chinese commerce minister Wang Wentao said ...
WASHINGTON D.C.: The White House announced this week that President Joe Biden has chosen US Air Force chief General Charles ...
GUAM: After Typhoon Mawar brought strong winds and torrential rains, large areas of the US Western Pacific territory of Guam ...
WASHINGTON D.C.: Due to one of the tightest labor markets in decades, teenagers, who have been vital for filling summer ...
NEW YORK, New York - Republicans were in uproar Tuesday over the deal hammered out by President Joe Biden and ...
DETROIT, Michigan: After Ford Motor Co announced an agreement with Tesla to allow autos to be charged using the Tesla ...
WARSAW, Poland: Plans are underway in Poland to gradually raise the minimum wage twice in 2024. The wage plan has ...
BEIJING, China: China will put into commercial operation its first large passenger airliner, in a bid to challenge western plane ...
FRANKFURT, Germany - With U.S. and UK. markets closed for public holidays, it was left to European and broader global ...