Yangtze Memory Technologies forces US employees to leave
@ 2022/10/25US export controls mean losing your job or your citizenship
The Financial Times claims that Chinese chipmaker Yangtze Memory Technologies [YMTC] has asked American employees in core tech positions to leave.
It is unclear how many US citizens and green card holders would be forced to leave YMTC, but several in China had already left the memory chip producer.
A senior YMTC engineer said some of the Americans were key to the company’s breakthroughs on Nand memory chip production. “But there’s no other way around [them leaving],” the person added.
The Financial Times claims that Chinese chipmaker Yangtze Memory Technologies [YMTC] has asked American employees in core tech positions to leave.
It is unclear how many US citizens and green card holders would be forced to leave YMTC, but several in China had already left the memory chip producer.
A senior YMTC engineer said some of the Americans were key to the company’s breakthroughs on Nand memory chip production. “But there’s no other way around [them leaving],” the person added.