Published: March 10th, 2022,
Last updated: March 10th, 2022
United States Secretary of Commerce Gina Raimondo has warned Chinese companies not to defy sanctions against Russia. The United States could „essentially shut“ down Chinese chipmaker SMIC (Semiconductor Manufacturing International Corporation) or other companies that continue to supply chips or high-tech goods to Russia, Raimondo told The New York Times. According to the report, the United States could cut off Chinese companies from US equipment and software required to manufacture their products. Russia sources about 70 percent of its chip supply from China (China.Table reported).