Reuters reports: SMIC supplies chip manufacturing equipment to Iran

robot
Abstract generation in progress

Investing.com - According to Reuters on Thursday, citing two senior officials from the Donald Trump administration, Semiconductor Manufacturing International Corporation (HK:0981) has supplied chip manufacturing equipment to the Iranian military.

These unnamed officials told Reuters that SMIC began shipping these devices about a year ago, and there is currently no indication that these transfers have stopped.

Get real-time market news updates with InvestingPro

One official added that this cooperation “almost certainly includes technical training,” involving semiconductor technology.

Reuters reports that it is unclear whether these devices contain U.S.-origin components; if they do, these shipments could violate U.S. sanctions against Iran.

SMIC is China’s largest chip manufacturer and has been restricted by the U.S. since 2020 due to alleged links to the Chinese military, which the company denies. The Chinese government states that its trade with Iran is normal.

The report also notes that these allegations come as China has been urging peaceful negotiations. Foreign Minister Wang Yi has called for dialogue and avoiding taking sides in the conflict.

This article was translated with AI assistance. For more information, please see our Terms of Use.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin