New chip licensing policy "incoherent and unenforceable" In its first policy change since scrapping the Affiliates Rule last November, the Bureau of Industry and Security issued a new licensing review framework for "exports of certain semiconductors to China and Macau—changing it from a presumption of denial to a case-by-case review." Some experts have described the new policy as being less than fit for purpose. Several days before issuing the final rule, effective immediately, on January 15, BI...
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