US further tightens export restrictions on Huawei, calls for allies to do the same
Source: Stand News #17Aug
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https://t.me/guardiansofhongkong/24612
Source: Stand News #17Aug
Read more
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https://t.me/guardiansofhongkong/24612
US further tightens export restrictions on Huawei, calls for allies to do the same
As tensions rose between Beijing and Washington, the US Department of Commerce announced further restrictions on Monday (17 August) aimed at cutting China's access to telecommunications resources. It would add 38 Huawei affiliates from 21 countries to its Entity List.
Secretary of State Mike Pompeo released a statement announcing that the US government has enacted several measures to protect national security and the privacy of US citizens. At the same time, 5G infrastructure would be shielded from Beijing's influence. The Department of Commerce has expanded its Foreign Direct Product Rule to bar Huawei from acquiring chips produced with exploited US technology. Pompeo stated that he would not tolerate efforts by the Chinese Communist Party (CCP) to undermine the privacy of US citizens or the intellectual property of its businesses. He claimed that the US would continue restricting exports to Huawei and its blacklisted affiliates. He also urged US allies and [trading] partners to do the same.
Reuters first reported on the news, stating that the new restrictions were aimed at preventing Huawei from obtaining semiconductors without permission. Even foreign firms that make chips using US software and technology were banned. US Commerce Secretary Wilbur Ross told Fox News that since last May, when amendments were made to the Entity List, Huawei had adopted some evasive measures that included purchasing through third parties.
Richard Yu Chengdong, CEO of the Huawei Consumer Business Group, revealed that due to US pressure, Huawei would no longer produce its flagship Kirin chipsets from 16 September. He admitted that although China has made strides in industrial research and development as well as in its market economy, a gap still exists in technology when compared with Europe, the US, Japan and South Korea. Huawei's HiSilicon semiconductor company, for example, possesses considerable research and development capabilities. However, the production of its chips, including its packaging, sourcing raw materials, manufacturing facilities and software continue to rely on cooperation with other businesses, many of which depend on US technology. As the situation unfolds, serious challenges confront its development.
#Huawei #China #US #TradeWar #technology
Source: Stand News #17Aug
As tensions rose between Beijing and Washington, the US Department of Commerce announced further restrictions on Monday (17 August) aimed at cutting China's access to telecommunications resources. It would add 38 Huawei affiliates from 21 countries to its Entity List.
Secretary of State Mike Pompeo released a statement announcing that the US government has enacted several measures to protect national security and the privacy of US citizens. At the same time, 5G infrastructure would be shielded from Beijing's influence. The Department of Commerce has expanded its Foreign Direct Product Rule to bar Huawei from acquiring chips produced with exploited US technology. Pompeo stated that he would not tolerate efforts by the Chinese Communist Party (CCP) to undermine the privacy of US citizens or the intellectual property of its businesses. He claimed that the US would continue restricting exports to Huawei and its blacklisted affiliates. He also urged US allies and [trading] partners to do the same.
Reuters first reported on the news, stating that the new restrictions were aimed at preventing Huawei from obtaining semiconductors without permission. Even foreign firms that make chips using US software and technology were banned. US Commerce Secretary Wilbur Ross told Fox News that since last May, when amendments were made to the Entity List, Huawei had adopted some evasive measures that included purchasing through third parties.
Richard Yu Chengdong, CEO of the Huawei Consumer Business Group, revealed that due to US pressure, Huawei would no longer produce its flagship Kirin chipsets from 16 September. He admitted that although China has made strides in industrial research and development as well as in its market economy, a gap still exists in technology when compared with Europe, the US, Japan and South Korea. Huawei's HiSilicon semiconductor company, for example, possesses considerable research and development capabilities. However, the production of its chips, including its packaging, sourcing raw materials, manufacturing facilities and software continue to rely on cooperation with other businesses, many of which depend on US technology. As the situation unfolds, serious challenges confront its development.
#Huawei #China #US #TradeWar #technology
Source: Stand News #17Aug