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US, EU Issue Guidance On Expectations For Due Diligence To Address Forced Labor Risks - Government, Public Sector

On July 13, 2021, the US Department of State, US Department of the Treasury, US Department of Commerce, US Department of Homeland Security, Office of the United States Trade Representative, and US Department of Labor issued an updated advisory ...
United States Department Of Homeland Security European Commission Us Department Of Commerce Industrial Complex Companies List Department Of Labor
Source: mondaq.com

Huawei spin-off Honor responds to US blacklist threat, unveils new phone

Chinese smartphone maker Honor has said it will do what it can to maintain momentum in the face of threats from the US to add the company to the same trade blacklist that forced its former parent Huawei Technologies Co to sell the budget brand to a consortium of partners last year. During the Thursday launch event for the Magic...
United States Cristiano Amon Nicole Peng George Zhao Ming Department Of Commerce Us Commerce Department

United States: US Government sanctions Burmese military conglomerates, issues wind-down and humanitarian General Licenses and tightens export controls for Burma (Myanmar)

The US Government has imposed a series of sanctions against Myanmar Economic Corporation Limited (MEC) and Myanma Economic Holdings Public Company Limited (a.k.a. Myanmar Economic Holding Limited) (MEHL), two military-affiliated conglomerates, in response to the February military coup in Burma (Myanmar). The combined restrictions are likely to have a significant impact on business activities in Burma as these conglomerates have substantial interests and joint ventures in several sectors of the B...
United States Exception Computers Myanma Economic Holdings Public Company Limited International Federation Of Red Cross Shipments To Groupb Countries Shipments Of Limited Value

Huawei says its latest flagship smartphones lack 5G, blames US sanctions

Copy Huawei officially announced its latest flagship smartphones on Thursday, both lacking 5G capabilities due to ongoing US sanctions. The handsets โ€“ the P50 and P50 Pro โ€“ max out at 4G/LTE, putting them behind rival higher-end devices. They also both run Huaweiโ€™s HarmonyOS 2, which is the open-source Linux kernel and core of Android wrapped in Huaweis proprietary mobile apps and software store. Though this OS does run Android apps, it does not come with Googles proprietary suite of Play...
United States White House District Of Columbia Richard Yu Huawei Harmony Uncle Sam

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Engineer Sentenced For Conspiring To Export Semiconductor Chips To China

Canyon News HOLLYWOOD HILLS- On Thursday, July 22, the Department of Justice announced that a Hollywood Hills engineer was sentenced to 63 months in federal prison for scheming to illegally obtain integrated circuits with military applications that were exported to China without the required filing. Yi-Chi Shih, 66, was also ordered to pay $362,698 in restitution to the IRS and was fined $300,000 by United States District Judge John A. Kronstadt. Shih was convicted of one count of conspiracy...
United States Yi Chi Shih Mmics Shih Johna Kronstadt Kiet Mai Hollywood Hills Productions

Teradyne Reports Second Quarter 2021 Results

Teradyne Reports Second Quarter 2021 Results July 27, 2021 17:02 ET | Source: Teradyne, Inc. Teradyne, Inc. North Reading, Massachusetts, UNITED STATES Revenue of $1,086 million in Q2โ€™21 grew 29% from Q2โ€™20 and 92% from Q2โ€™19 GAAP Gross Margin 59.6% in Q2โ€™21, up from 56.2% in Q2โ€™20 and 57.4% in Q2โ€™19 Q2โ€™21 GAAP earnings per share grew 68% from Q2โ€™20 and 220% from Q2โ€™19 Q2โ€™21 non-GAAP earnings per share grew 44% from Q2โ€™20 and 189...
United States Mark Jagiela Mandy Blanchard Us Export Administration Regulations Teradyne Inc Semiconductor Test

As Chinese Students Sue the US, Preparation Is Key – Watching America

Posted on July 26, 2021. In response to the U.S. governmentโ€™s unreasonable Executive Order No. 10043, students from eight top Chinese science and engineering schools are preparing to file a class action lawsuit against the Biden administration seeing to revise or overturn the order. They have also set up a website and raised funds for the cause. Currently, there are more than 1,000 students participating in the action, and the movement has triggered a response at universities and colleges in...
United States Alan Estevez Li Xiaojiang Zheng Songguo Joe Biden Department Of Commerce

Engineer Sentenced to Over 5 Years in Prison for Conspiring to Illegally Export to China Semiconductor Chips with Military Uses

Imperial Valley News Imperial Valley News Center Engineer Sentenced to Over 5 Years in Prison for Conspiring to Illegally Export to China Semiconductor Chips with Military Uses Details Written by Imperial Valley News Los Angeles, California -ย An electrical engineer who schemed to illegally obtain integrated circuits with military applications that were exported to China without the required filing of electronic export information was sentenced Th...
United States Juditha Heinz Yi Chi Shih Mmics Shih Jamesc Hughes Kiet Mai

Electrical Engineer Gets Five Years In Prison For Selling Missile Technology To China

An electrical engineer from Los Angeles who plotted to steal missile technology and sell it to a Chinese company has been sentenced to more than five years in prison. U.S. District Judge John A. Kronstadt sentenced Yi-Chi Shih, 66, of Hollywood Hills, to 63 monthsโ€”or more than five yearsโ€”in prison for his role in the scheme. He was also ordered to pay $362,698 in restitution to the Internal Revenue Service (IRS) and the judge fined him $300,000. Shih was arrested in January 2019 after he w...
United States Isabel Van Brugen Los Angeles Yi Chi Shih Zhang Hao Scott Nelson Getty

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