US revokes "Verified End User" authorization for Samsung and other semiconductor companies in China, Chinese response
According to a message on the Ministry of Commerce website, the spokesperson for the Ministry of Commerce answered questions regarding the US revoking the "Verified End User" authorization for three semiconductor companies in China.
Question: On August 29, the US Department of Commerce removed Intel Semiconductor (Dalian) Co., Ltd., Samsung China Semiconductor Co., Ltd., and SK Hynix Semiconductor (China) Co., Ltd. from the list of "Verified End Users." What is the Chinese government's comment on this?
Answer: The Chinese government has taken note of the relevant situation. The semiconductor industry is highly globalized. After decades of development, it has formed an industrial structure where we are intertwined with each other, which is the result of market rules and corporate choices. This action by the US is driven by its own interests, using export control as a tool, which will have an important negative impact on the stability of the global semiconductor industry chain and supply chain. The Chinese government opposes this.
The Chinese government urges the US to immediately correct its wrong approach and maintain the security and stability of the global industry chain and supply chain. The Chinese government will take necessary measures to resolutely safeguard the legitimate rights and interests of enterprises.
Original: www.toutiao.com/article/1841953561000968/
Statement: This article represents the views of the author himself.