[ad_1] The Department didn’t directly comment on SMIC, but told Reuters it was “constantly monitoring and assessing” possible threats to US security and foreign policy. SMIC, meanwhile, appeared to have been caught by surprise. A spokesperson said the chip giant hadn’t received any official word of restrictions and reiterated denials of any military link. The […]
Category: trade
US considers blocking deals with China’s largest chip maker
[ad_1] SMIC rejected the alleged defense connection in a statement. It insisted that it offers chips and services “solely” for civilian uses, and that it had “no relationship with the Chinese military.” SOS has defended the report and argued that SMIC was “deeply embedded” in military projects. The military links haven’t been firmly established, and […]
China’s new AI trade rules could hamper a TikTok sale
[ad_1] The country’s Ministry of Commerce argued that the export list changes were overdue after remaining the same since 2008. It was important given the breakneck pace of technological improvement and China’s increasingly competitive output, according to officials. Neither ByteDance nor the Commerce Ministry has commented on the new rules. The move escalates an already […]
The USA’s latest trade legislation is more bad news for Huawei phones
[ad_1] US officials have taken a dim view of Huawei — and indeed other Chinese tech companies — for a long time. Back in 2008 the company dropped a bid for 3Com after the US revealed it planned to investigate whether the deal would give China access to anti-hacking technology used by the Defense Department. […]
US limits AI exports over fears it will fall into Chinese hands
[ad_1] The rule is the first one to be nailed down as part of a larger requirement for tighter exports on sensitive technology to countries with a less-than-friendly attitude toward the US. It’s meant to both prevent these nations from easily copying American technology (and thus negating economic advantages) or identifying security weaknesses. While this […]
US will grant Huawei trade ban exemptions ‘very shortly’
[ad_1] Ross didn’t give hints as to which firms had applied for licenses. However, the trade ban has conspicuously affected Google more than some companies. Huawei can’t offer new phones with a version of Android using Google apps so long as the blacklisting remains in effect, and its ability to update existing phones will go […]
Huawei reports increased sales despite US sanctions
[ad_1] The figures fly in the face of earlier predictions, which anticipated a marked downfall for the company following its US export ban in May. Indeed, Huawei’s revenue growth slowed to 13 percent in the second quarter of the year, with the company estimating a $30 billion fall out from its war with America. Huawei […]
China’s latest retaliatory tariffs could pose trouble for Tesla
[ad_1] While Tesla does have a factory in Shanghai, it’s not expected to start producing cars until later in 2019. Until it ramps up in earnest, the company will have to import EVs. BMW and Mercedes, meanwhile, ship many SUVs to China from American plants. The new round of tariffs also slaps 5 percent more […]
US will reportedly give Huawei another temporary reprieve
[ad_1] The situation “remains fluid” and leaves a chance that the license will be allowed to expire, according to the tipsters. The Commerce Department declined to comment. It wouldn’t be a shocking move. The US has used the ban and the initial reprieve as leverage in its trade dispute with China, and granting an extension […]
Huawei lays off two thirds of its US research division
[ad_1] An employee still employed at Futurewei told Reuters that work ground to a halt after the ban took effect. This still leaves roughly 1,200 Huawei employees in the US, although most of them are involved in customer support, public affairs and the supply chain. Moreover, the company’s American ranks have been shrinking ever since […]