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Tag: ‘preliminary

SMIC: SMIC has had ‘preliminary exchanges’ with US over export restrictions – Newest News

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Chinese language chipmaker Semiconductor Manufacturing International Corporation has undertaken “preliminary exchanges” with the U.S. Bureau of Industry and Security relating to export restrictions, the firm mentioned in a filing.“The Firm is conducting assessments on the relevant affect of such export restrictions on the firm’s manufacturing and operation activities,” the filing to the Hong Kong Stock Change mentioned.SMIC also mentioned it has been running in compliance with the relevant criminal pointers and guidelines of all jurisdictions the attach it performs its corporations.The firm also urged shareholders and doable merchants “to exercise warning when dealing within the securities of the Firm.”In September, Reuters reported that the Bureau of Industry and Security below the Depar...