China’s Top Chip Toolmaker Directs U.S. Engineers to Suspend Work

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Beijing Naura Microelectronics Technology Co., China’s biggest semiconductor production equipment maker, this week asked its U.S. engineers to stop working on research and development projects. The company made the move in compliance with recent restrictions imposed by the U.S. government on the Chinese high-tech sector, reports South China Morning Post

People from overseas usually take senior management and engineering roles at Chinese companies and apply their experience to build competitive businesses. Restricting U.S. citizens, U.S. residents, and green card holders from working at Chinese companies could devastate these companies. It remains to be seen how the decision will affect Naura in the short term.  

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