(Reuters) – The United States is considering sanctions on several Chinese technology companies, including chipmaker ChangXin Memory Technologies, in an attempt to further limit China’s development of advanced semiconductors, Bloomberg News reported on Friday.
Citing people familiar with the situation, it said the Commerce Department’s Bureau of Industry and Security was considering adding ChangXin to the so-called Entity List, along with five other Chinese firms.
The department and bureau did not immediately respond to Reuters requests for comment.
ChangXin Memory Technologies said it “specializes in the production of DRAM memory chips for everyday consumer products, with a focus on civilian and commercial applications.”
The company complies with U.S. export regulations, it said in a statement sent to Reuters on Sunday.
Reuters reported that last year the United States took steps to ban American imports from major SMIC after it produced a chip used in the Huawei Mate 60 Pro phone.
The effort has halted millions of dollars in supplies of chipmaking materials and parts from at least one supplier, Entegris (NASDAQ:).
In recent months, the United States has moved aggressively to cut off supplies of more advanced artificial intelligence chips to China, seeking to prevent Beijing from obtaining advanced American technology that could bolster its military.