US to ban Chinese tech firm from buying American parts

The United States yesterday indicated it would ban a Chinese state-owned technology company from purchasing American parts.

Semiconductor manufacturer Fujian Jinhua Integrated Circuit "poses a significant risk" in terms of national security, according to Commerce Department officials.

“When a foreign company engages in activity contrary to our national security interests, we will take strong action to protect our national security,” said Wilbur Ross, the commerce secretary. “Placing Jinhua on the entity list will limit its ability to threaten the supply chain for essential components in our military systems.”

Read more from The New York Times.