US seeks transparency on chip exports to China amid security concerns

Q: How long will it take to read this news story?

The story "US seeks transparency on chip exports to China amid security concerns" has 491 words across 19 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "US seeks transparency on chip exports to China amid security concerns" was covered 1 weeks ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 306 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23478234</li><li>URL: https://beamstart.com/news/us-seeks-transparency-on-chip-17311445758983</li></ul>

Business Standard Logo Business Standard 1w ago

US seeks transparency on chip exports to China amid security concerns - Business Standard

Quick Summary:

These include questions on total revenue from PRC transactions, revenue from sales subject to U.S.export licenses, and details about transactions with entities on U.S.sanctions lists.

They also seek information on revenue from PRC government-affiliated entities, distributors outside China and the company's top PRC distributors if their revenue exceeds 1 per cent of total revenue.

In the letters, Moolenaar and Krishnamoorthi express concern over the increasing sales of SMEs to China, which they say could provide a significant advantage to the People's Liberation Army (PLA) in the development of advanced semiconductors.