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 Raleigh Times 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 Raleigh Times.
More InformationSTOCKHOLM, Sweden: Swedish lithium-ion battery producer Northvolt announced this week that it would build a $5.2 billion gigafactory in the ...
SACRAMENTO, California: Fast food workers will now receive $20 per hour in California, after the governor signed a fast food ...
BEIJING, China: In a deal worth US$10 billion at list prices this week, state-owned carrier China Eastern Airlines announced that ...
BEIJING, China: This week, China Evergrande Group said its founder and chairman, Hui Ka Yan, is being investigated over suspected ...
RIVERSIDE COUNTY, California: In his opening statement this week in the first U.S. trial over allegations that a car autopilot ...
SEATTLE, Washington: As part of Washington's efforts to stop Big Tech from monopolizing the most lucrative parts of the internet, ...
TALLAHASSEE, Florida: The Florida Lottery said this week that the second-largest lottery winner in U.S. history has come forward to ...
VICTORIA, Texas: This week, U.S. District Judge Drew Tipton in Victoria, Texas, ruled that President Joe Biden did not have ...
EL PASO, Texas: Over the weekend, Oscar Leeser, Mayor of El Paso, said that the surge in migrants crossing the ...
(Photo credit: Joe Nicholson-USA TODAY Sports) A day after strongly calling out the team's commitment to winning, Seattle Mariners catcher ...
(Photo credit: Rick Osentoski-USA TODAY Sports) The top seven teams in The Associated Press Top 25 remained unchanged from last ...
(Photo credit: Stephen Brashear-USA TODAY Sports) Entering the final day of the regular season, this is what is known: The ...