Latest US alert on Chinese companies sparks supply chain concerns

Raising supply chain concerns, the US Department of Defense has unveiled a new list of Chinese companies alleged to have ties to the country's military.

Notable entities on this list include Yangtze Memory Technologies Company (YMTC), a major memory chip manufacturer, Megvii, a facial recognition firm, Hesai Technology, a provider of LiDAR solutions, and tech company NetPosa.

This list represents the most recent escalation in the ongoing China-US trade tensions, characterized by a series of measures undertaken by both nations. …

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