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China’s largest chipmaker could face US blacklist

The future of China’s largest chip manufacturer is hanging in the balance amid suggestions that the US government could prevent Semiconductor Manufacturing International Corp (SMIC) from doing business with American companies.

It is reported that the US Department of Defense plans to “blacklist” SMIC because of alleged links with the Chinese military. SMIC is said to be “in complete” shock at the allegations while Beijing has accused Washington of using national security to disguise a trade dispute.

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