AMEC has been dropped from the DoD’s concerning companies list
However the Chinese firm remains on the US Entities List
Other companies have also have restrictions revised
US sanctions on chip and advanced technology shipments to China have ramped up in recent years, largely spurred on in the post-pandemic era and aimed at tackling the country’s technological advancement, which the US fears could fuel its military.
A report by the South China Morning Post revealed Advanced Micro-Fabrication Equipment (AMEC), a Chinese toolmaker, has now been removed from America’s list of concerning companies – dubbed ‘Chinese Military Companies operating in the US’.
