Nikkei Asian Review Quotes Kevin Wolf on Impact of New US Export Rules

Akin Gump international trade partner Kevin Wolf has been quoted in the Nikkei Asian Review article “China’s top chipmaker bullish as new US export rules loom.” Faced with new export controls rules in the United States, the article reports that China’s Semiconductor Manufacturing International Co. (SMIC) has announced it will sharply increase spending this year.

Nikkei says the tighter export rules are expected to take effect by the end of June. They are aimed at making it harder for American technology to end up being used by China’s military.

Wolf said U.S. chip equipment providers will need to conduct extra due diligence regarding their customers in China. For their part, Chinese chipmakers, he said, will “likely be asked to provide certifications regarding whether they are military end users, as that term is broadly defined in the new regulations.”