Forbes – Without flash memory integrated circuits, the data on your phone would be erased every time it ran out of power and could not be transferred between devices. Today the companies which produce the machinery to make these specialized chips reside primarily in US and a handful of democratic countries. But the People’s Republic of China (PRC) would like to dominate and is pulling out the stops to do so, especially with Yangtze Memory Technologies Co. (YMTC). A new report by Chinese military expert James Mulvenon at SOS International details YMTC and the PRC’s use of subsidy, espionage, and anticompetitive and illegal practices to support it. Moreover, US, EU and Asian firms accelerate this trend by actively selling and sharing advanced technology with PRC-affiliated actors like YMTC. The Trump Administration still has time to take action, and the move would likely be supported by the Biden Administration whose advisors include Center for International & Strategic Studies luminaries like James Lewis who notes that US firms should not supply PRC entities linked with the military.
Click here to read the full story posted on the Forbes website.