The Ministry of Commerce (MOFCOM) Photo: VCG
China's Ministry of Commerce on Saturday night voiced opposition to the US decision to
revoke the "validated end-user" (VEU) authorization for three semiconductor companies operating in China, urging the US side to immediately correct its wrongdoings.
The US Department of Commerce announced on Friday to remove Intel Semiconductor (Dalian) Co Ltd, Samsung China Semiconductor Co Ltd and SK Hynix Semiconductor (China) Ltd from the VEU list. China has noticed the relevant situation, a spokesperson for China's Ministry of Commerce said in the statement on Saturday.
Semiconductors are a highly globalized industry that has developed over decades into a deeply interconnected ecosystem shaped by both market forces and business decisions, said the spokesperson.
The US move, driven by self-interest, has turned export controls into a tool, and will cause a serious negative impact on the stability of global semiconductor industrial and supply chains, said the spokesperson, voicing opposition to the US decision.
China calls on the US to immediately correct its wrongdoings and safeguard the security and stability of global industrial and supply chains. China will take necessary measures to firmly safeguard the legitimate rights and interests of its enterprises, the spokesperson added.
The waivers date back to 2023, when the Biden administration allowed South Korean chipmakers to acquire the equipment they need to sustain and expand their operations in China. Washington had effectively granted an indefinite exemption from broader restrictions banning the shipment of advanced chipmaking gear to China, Bloomberg reported.