The Economic Times · Technology
Chinese memory chipmaker CXMT sues Pentagon over 'Chinese military company'
The company was designated a Chinese military company by the US Defense Department under the Biden administration and was retained on the list by the Trump administration during a June update. The company was designated a Chinese military company by the US Defense Department under the Biden administration and was retained on the list by the Trump administration during a June update. Chinese memory chipmaker CXMT sues Pentagon over 'Chinese military company' designation.
Why it matters. This lawsuit highlights the ongoing technological and legal battles between the US and China over semiconductor supply chains and national security designations.
- CXMT has filed a lawsuit against the Pentagon over its designation as a Chinese military company.
- The controversial label was applied during the Biden administration and maintained by the Trump administration.
- Such designations can severely impact a tech company's global operations, supply chains, and market access.
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