➀ The US Department of Commerce plans to add 39 Chinese entities to the Entity List, accusing them of supplying components to Russian entities under sanction. ➁ Simultaneously, the US Treasury and State Department have added 42 Chinese entities to the SDN List under Russian sanctions. ➂ Both actions are based on allegations of violating US export regulations and threatening national security and foreign policy interests.
Recent #Sanctions news in the semiconductor industry
1. The U.S. has banned Kaspersky Labs and several subsidiaries from operating in the country. 2. Customers have 100 days to find an alternative to Kaspersky's antivirus software. 3. The U.S. has also imposed sanctions on 12 executives of the company.
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