YMTC claimed that its technology is not for military use after being named to a Pentagon list of businesses assisting China’s military.
China’s leading memory chip maker, YMTC, stated on Saturday that its technology is not for military purposes after being included in a Pentagon list of organizations helping China’s military.
Last week, the US added more than a dozen Chinese companies to a list compiled by the Defense Department to spotlight enterprises that it claims are working with Beijing’s military.
YMTC stated, “We have not supplied, or been directed by any entity, to supply our technology for military use.”
“YMTC is not owned or controlled by the Chinese military, and we refute any allegation that we pose a threat to U.S. national security,” the statement stated.
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