Chinese chip designer, partly owned by US sanctioned SMIC Chinese chip maker is funded by US companies

Brite Semiconductor which provides chip design services at six or more Chinese military suppliers is partly owned by SMIC the Chinese chip maker sanctioned by the U.S. Brtie is funded a capital firm backed by Wells Fargo, according to Reuters. Reuters also says that Brite continues to have access to sensitive U.S. technology from Synopsys and Cadence designs, Here is the article from Reuters: https://www.reuters.com/technology/china-chip-firm-powered-by-us-tech-money-avoids-bidens-crackdown-2023-12-13/

JEFF NEWMAN IS A WHISTLEBLOWER LAWYER WHO HANDLES CASES UNDER THE sec, CFTC AND FINCEN ON THE ISSUE OF SANCTION VIOLATIONS. HE CAN BE REACHED AT 617-823-3217 OR AT JEFF @JEFFNEWMANLOAW.COM