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ARTICLE · 24 FEBRUARY 2024

Trade Matters

Lowenstein Sandler LLP
Lowenstein Sandler LLP
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Lowenstein Sandler LLP

Lowenstein Sandler LLP

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Teradyne, a Massachusetts-based supplier of semiconductor testing equipment, has reportedly pulled $1 billion of manufacturing equipment out of China in 2023 following export controls on advanced computing materials and semiconductors issued by the Bureau of Industry and Security in 2022 and 2023.

United StatesInternational Law
Doreen Edelman
Doreen Edelman
Laura Fraedrich
Laura Fraedrich
Abbey Baker
Abbey Baker
Andrew Bisbas
Andrew Bisbas
Christian Contardo
Christian Contardo
Jeffrey Jones
Jeffrey Jones
Kei Komuro
Kei Komuro
Megan Bodie
Megan Bodie

1. Teradyne Pulled $1 Billion in Manufacturing Equipment from China in 2023

Teradyne, a Massachusetts-based supplier of semiconductor testing equipment, has reportedly pulled $1 billion of manufacturing equipment out of China in 2023 following export controls on advanced computing materials and semiconductors issued by the Bureau of Industry and Security (BIS) in 2022 and 2023. Though of greater magnitude than others, this move parallels those of many other U.S. companies, which have been reducing their reliance on China in recent years as the U.S.-China technology battle ramps up and regulators limit trade in sensitive technologies like chip making.

2. Commerce Proposes KYC Rules for Cloud Providers

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