Yangtze Memory Technologies forces US employees to leave

@ 2022/10/25
US 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.

No comments available.