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home / articles / TECH - GOP Senator Marco Rubio Calls For US Sanctions On Chinese Chip Firm Brite | Benzinga


TECH - GOP Senator Marco Rubio Calls For US Sanctions On Chinese Chip Firm Brite | Benzinga

Sen. Marco Rubio (R-Fla.) is advocating for sanctions against Brite Semiconductor, a Chinese chip design company, due to its connections with China’s premier sanctioned chipmaker and its interactions with Chinese military suppliers.

What Happened: Rubio submitted a letter on Wednesday demanding sanctions on Brite. This Chinese enterprise provides chip design services to a minimum of six Chinese military suppliers and is part-owned by Semiconductor Manufacturing International Corporation (SMIC), the biggest chipmaker in China. SMIC has previously faced restrictions from obtaining some U.S. technology due to its purported ties to the Chinese military-industrial complex, as per a report by Reuters.

Despite these ties, Brite continues to utilize U.S. investment and technology, including chip design software from American companies like Synopsys Inc (NASDAQ:SNPS) and Cadence Design Systems Inc (NASDAQ:CDNS).

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In his letter, Rubio pointed out that Brite’s continued access to American technology ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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