U.S. to Probe Communist China’s Chipmaker

On April 27, the U.S. White House and the U.S. Commerce Department reportedly received a report alleging Huawei used memory chips manufactured by Yangtze Memory Technologies Corp in its new cellphone model, which violates export control regulations under the then Trump administration. Biden administration officials are currently investigating the claim.
As Communist China’s largest memory chip maker, Yangtze Memory Technologies Corp., a state-owned company, has had limited success in reducing its reliance on U.S. technologies despite ongoing pressure from the Chinese Communist Party (CCP) demanding so. According to related sources, Yangtze Memory Technologies Corp isn’t on the U.S. “Entity List” of sanctions because its business is lucrative.