According to reports, a Chinese chipmaker has fired all of its American employees



According to a new story, a Chinese chipmaker has ordered all of its U.S. workers in essential tech roles to leave as the business struggles to comply with new U.S. export rules.

Yangtze Memory Technologies Co. (YMTC) made the step in response to Apple's decision to abandon plans to utilize its memory chips as a result of harsher export limits imposed by Washington.

According to a source close to the situation, asking employees to leave was "essential for the firm and the proper decision for individuals' personal risk as well."

It is uncertain how many US residents and green card holders will be compelled to leave the country. According to sources close to the firm, numerous staff the US Commerce Department announced earlier this month that it will tighten export controls to impede China's capacity to get sophisticated computing chips, create and operate supercomputers, and manufacture innovative semiconductors.

According to the department, the updated export controls are focusing on these areas because China can use the chips, supercomputers, and semiconductors to develop advanced military systems, including weapons of mass destruction, commit human rights violations, and improve the speed and accuracy of its military decision-making, planning, and logistics. already departed the country.

The Commerce Department stated that the revisions are part of continuous efforts to preserve US national security and foreign policy objectives and that it conferred with key friends and partners on its control efforts.

"The threat environment is constantly changing, and we are updating our policies today to ensure that we are addressing the challenges posed by (China) while continuing our outreach and coordination with allies and partners," Under Secretary of Commerce for Industry and Security Alan Estevez said in a statement.

Tensions between the United States and China have been increasing over technology and security. Last month, the Chinese government urged Washington to lift its technology export restrictions after chip designer Nvidia said that a new product would be delayed and some development will be relocated outside of China.

Washington has tightened regulations and pressured allies to deny China access to cutting-edge semiconductors and tools for developing its own. China is investing considerably in developing its young producers, but they are yet unable to build high-end chips used in the most powerful smartphones and other products.

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