Exclusive: New US rule on foreign chip equipment exports to China to exempt some allies, sources say
By Karen Freifeld
July 31, 20247:29 AM GMT+2Updated 35 min ago
Illustration picture of Chinese and U.S. flags with semiconductor chips
Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo Purchase Licensing Rights, opens new tab
NEW YORK, July 31 (Reuters) - The Biden administration plans to unveil a new rule next month that will expand U.S. powers to stop exports of semiconductor manufacturing equipment from some foreign countries to Chinese chipmakers, two sources familiar with the rule said.
[b]But shipments from allies that export key chipmaking equipment - including Japan, the Netherlands and South Korea - will be excluded,[/b] limiting the impact of the rule, said the sources who were not authorised to speak to media and declined to be identified.
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