Clifford Chance
New Bargaining Chips: US Department of Commerce Imposes New Export Controls on the Semiconductor Industry and Imposes Changes to the UVL and Entity List
October 19, 2022
The Advanced Computing and Semiconductors Rule
Summary of the New Export Controls
On October 13, 2020, BIS published the Implementation of Additional Export Controls: Certain Advanced Computing and Semiconductor Manufacturing Items; Supercomputer and Semiconductor End Use; Entity List Modification interim final rule (the "Advanced Computing and Semiconductors Rule"), amending the Export Administration Regulations to impose, among other things, new license requirements for the export, reexport, or transfer (in country) of certain semiconductor, advanced computing and semiconductor manufacturing items to, from or within China. It also imposes new restrictions on US persons.
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