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SMIC Should Face Tighter Chip Controls, Say Rubio and McCaul

The Commerce Department should expand export restrictions on China’s top chipmaker to prevent it from accessing more manufacturing equipment, wrote Sen. Marco Rubio, R-Fla., and Rep. Michael McCaul, R-Texas. Their letter last week to Commerce Secretary Gina Raimondo asked the agency to apply the foreign direct product rule to Semiconductor Manufacturing International Corp., which would restrict the company’s ability to import certain foreign-made semiconductor equipment with U.S. technology. SMIC would face similar restrictions imposed by the Bureau of Industry and Security on others on the entity list, including Huawei. The department and SMIC didn't comment Monday.