The CHIPS and Sciences Act of 2022 (the “Act”) was passed by the U.S. Congress on July 27, 2022 and signed into law by President Biden on August 9 of the same year. The Act is an effort to increase semiconductor manufacturing...more
9/20/2022
/ Biden Administration ,
China ,
Federal Funding ,
Incentives ,
Manufacturers ,
NDAA ,
New Legislation ,
Research and Development ,
Semiconductors ,
Supply Chain ,
Tax Credits
The Biden Administration last week substantially modified restrictions on U.S. person investments in certain Chinese companies, focusing those new restrictions particularly on entities with ties to the Chinese defense or...more
6/11/2021
/ Biden Administration ,
China ,
Department of Defense (DOD) ,
Executive Orders ,
Military End Use ,
NDAA ,
Office of Foreign Assets Control (OFAC) ,
Publicly-Traded Companies ,
SDN List ,
Surveillance ,
Technology Sector ,
Trump Administration
The U.S. District Court for the District of Columbia recently ruled that certain securities trading restrictions will be prevented from going into effect with respect to Xiaomi Corporation (“Xiaomi”) under Section 1237 of the...more