BIS Issues Significant New Round of Semiconductor Export Controls: Six Notable Changes

The U.S. Department of Commerce, Bureau of Industry and Security (“BIS”) recently issued significant new export controls under the Export Administration Regulations (“EAR”) aimed at further restricting semiconductor manufacturing in China, with a particular focus on new controls for semiconductor manufacturing equipment (“SME”) and items that are the “direct product” of U.S. technology or software. In a coordinated action, BIS also designated 140 companies on the Entity List. All companies in…
By: Blank Rome LLP