US sets export restrictions on China's biggest chipmaker SMIC, saying exports to SMIC posed an "unacceptable risk" of being diverted to "military end use" (Yuan Yang/Financial Times)

Yuan Yang / Financial Times:
US sets export restrictions on China's biggest chipmaker SMIC, saying exports to SMIC posed an “unacceptable risk” of being diverted to “military end use”  —  Blacklisting of SMIC hurts China's chip self-sufficiency drive  —  The US government has sanctioned China's …