Market Chatter: US Removes AMEC from China Military Company List

MT Newswires Live12-19

Advanced Micro-Fabrication Equipment China (SHA:688012), or AMEC, was removed from the US Department of Defense's list of Chinese companies allegedly working with Beijing's military, Reuters reported Wednesday.

AMEC was added to the list earlier in February, which prompted the chipmaker to file a federal lawsuit in August, according to the report.

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