Report: US investigates chipmaker YMTC over Huawei shipment

According to a media report, the USA is investigating whether the Chinese chip manufacturer Yangtze Memory Technologies (YMTC) has violated US export controls. The background is said to be a supply of semiconductors for a new smartphone to Huawei, as the Financial Times reported, citing sources in the US Department of Commerce. The ministry and the White House have received a “credible” report on the matter: YMTC allegedly supplied Huawei with chips for the Enjoy 20e smartphone and thereby violated the so-called Foreign Direct Product Rule.