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US Bans Exports To Chinese DRAM Maker Citing National Security Risk (zdnet.com)
An anonymous reader quotes a report from ZDNet: The Trump administration on Monday announced it was banning U.S. exports to a Chinese semiconductor firm named Fujian Jinhua Integrated Circuit Company, citing national security concerns. In a statement released by the U.S. Department of Commerce (DoC), officials said the Chinese chipmaker posed "a significant risk of being or becoming involved, in activities contrary to the national security or foreign policy interests of the United States." DoC officials are now barring US companies from selling any products to Fujian Jinhua, which was recently nearing completion of a new dynamic random access memory (DRAM) factory project. "When a foreign company engages in activity contrary to our national security interests, we will take strong action to protect our national security. Placing Jinhua on the Entity List will limit its ability to threaten the supply chain for essential components in our military systems," said Wilbur Ross, Secretary of Commerce.
They are involved in IP theft. https://www.nytimes.com/2018/0...
All rather rich coming from Wilber Ross former vice chair of the bank of cypress.
"Jinhua is nearing completion of substantial production capacity for dynamic random access memory (DRAM) integrated circuits. The additional production, in light of the likely U.S.-origin technology, threatens the long term economic viability of U.S. suppliers of these essential components of U.S. military systems."
If competition is now a national security issue what isn't? Is there any limit to what controls designed to prevent export of Nuclear and military technology be used for? I understand the Micron drama but it's an abuse to misuse export controls in this way for revenge.
Ever since Trump declared Canada to be a threat to national security, it's really hard to take these declarations seriously.
I wonder what deal is he trying to wrangle from the company. Maybe he needs more investments in his golf courses and hotels.
So will China
China are clearly IP thieves, have been for some while, and are working against the west with no idea or desire of how to play fair. There is no international law in place of preventing this either, and at this point, it's unlikely there will be either. This is pretty much immutable at this point. So what are your plans for stopping this? No, I'm not an American (thank fuck, thanks for ruining it for the rest of us), and find Trump abhorrent in general, but I do find this his 'even a stopped clock is right once a day' moment.
China is a communist country first and foremost. Youâ(TM)re forgetting this in most of your arguments.
Chinaâ(TM)s government manipulates the international markets to enable them to eventually collapse the whole thing. If China is able to manufacture and produce everything needed without concern for money, they can effectively cut off the rest of the world. They have taken over market segment by market segment and made it so nearly everything from tooth brushes to airplanes cannot be manufactured without them providing at least some of the critical components. Go ahead and try to build an F-35 without buying epoxy for circuit boards from China. Try to run the oil economy without components from China.
Within 5-10 years, China will be the only self sufficient industrialized nation in the world. They actively collect recyclable waste from every country in the world. As such, they have some of the richest stockpiles of natural resources anywhere and in quantity. Hell, they practically own the entire rare earth minerals market.
By pumping Chinese money enmass into the western economies, they provide greater means for Westerners to depend more on China for bare survival. Letâ(TM)s be honest, why horde the money if you can use it to devalue the currency internationally as well as cause devestating international inflation.
Within 5-10 years, China should be able to implement a token or credit based national income with no dependence outside of China. They can financially seal their borders and deny necessities of life to any country that refuses to either become part of China or that impedes their interests in taking over Taiwan, Singapore, Malaysia, etc...
Why do people constantly forget that the agenda of China is not capitalism. Itâ(TM)s communism. Watch pretty much every governmental program in China and ask yourself âoeHow can this help further the communist interest?â
Now that Bloomberg article makes sense: it was supposed to set the stage for this. The doubt thrown on it has made them walk back the rhetoric, so the 'national security' verbiage doesn't make so much sense any more. That said, aside from some novel rowhammer-style attack (was that ever fixed?), I can't see DRAM being a security problem. Reliability, yes, but not security.
In any case, the military will add it to their 'will not buy' list, just like other Chinese/Russian tech. Trying to impede the completion of the factory is unnecessary unless they think it'll produce relabeled counterfeits. Presumably, Chinese-made NAND isn't a problem? The NAND fab they're about to open is going to have 50% larger production than the world's current-largest NAND company, and that's going to cause prices to plummet fast.
Corruption is convincing someone that the selfless ideal is the same as their selfish ideal.
China has been exporting deflation to other countries by keeping prices low you idiot.
No Comma Faggot, is that you?!
You don't really understand the whole 'currency thing,' do you? The Chinese need to keep the value of their currency down if they want to keep their prices low (i.e stay competitive), not the other way around.
You could replace "China" with "The United States" in your comment above and you would be absolutely spot-on about the early days of the US, as they blatantly broke British copyright laws, printed books cheaply without paying royalties and such.
Somehow, it seems emerging powers, if large enough, routinely take that route.
Assorted stuff I do sometimes: Lemuria.org