China chip firm powered by US tech and money avoids Biden’s crackdown

WASHINGTON: A Chinese chip designer, part-owned by the country’s top sanctioned chipmaker, is purchasing U.S. software and has American financial backing, relationships that underscore the difficulty Washington faces applying new rules meant to block American support for Beijing’s semiconductor industry.

The company, Brite Semiconductor, offers chip design services to at least six Chinese military suppliers, a Reuters examination of company statements, regulatory filings, tenders and academic articles by People’s Liberation Army (PLA) researchers and institutions found.