Tag Archives: PRCs

New Investigation Reveals American and Allied Companies Boosted the CCP’s Semiconductor Industry, Fueled the PRC’s Military Ambitions and Human Rights Abuses

New Investigation Reveals American and Allied Companies Boosted the CCP’s Semiconductor Industry, Fueled the PRC’s Military Ambitions and Human Rights Abuses

Today, following a months-long investigation, Select Committee on China Chairman John Moolenaar (R-MI) and Ranking Member Raja Krishnamoorthi (D-IL) uncovered alarming new information revealing that companies in America and allied nations —including ASML in the Netherlands, Tokyo Electron (TEL) in Japan, and Applied Materials, KLA, and Lam Research in the United States—fueled semiconductor manufacturing in China and made sizeable returns selling equipment to Chinese …

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