Washington, Dec. 29 -- A bipartisan investigation by the US House Select Committee on the Chinese Communist Party (SCCCP) has revealed that major semiconductor manufacturing equipment (SME) companies from the United States, Japan, and the Netherlands have significantly contributed to the expansion of China's semiconductor industry, raising serious national security concerns, according to an SCCCP press release.

The months-long investigation, led by Select Committee Chairman John Moolenaar (R-Michigan) and Ranking Member Raja Krishnamoorthi (D-Illinois), found that companies including ASML of the Netherlands, Tokyo Electron (TEL) of Japan, and US-based firms Applied Materials, KLA, and Lam Research have generated substantial revenues by s...