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March 12, 2021
The Biden administration has informed some suppliers to China’s Huawei Technologies Co. of tighter conditions on previously approved export licenses, prohibiting items for use in or with 5G devices, according to people familiar with the move.
March 12, 2021
The Straits Times The US informed some Huawei suppliers of tighter conditions on previously approved export licenses.PHOTO: REUTERS PublishedMar 12, 2021, 5:12 pm SGT https://str.sg/JjnV They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access t...
March 12, 2021
Older trade licenses updated with tougher restrictions, according to reports Meanwhile, India looks set to add to Chinese vendors’ misery Any prospects of a softer line on US sales to Chinese technology firms under new President Joe Biden look to have vanished with reports of further clampdowns on the business engagements between US companies and the likes of Huawei and ZTE. According to Reuters, the Biden administration has further tightened the restrictions of what can be sold by US firms t...
March 12, 2021
US imposes more limits on suppliers to Huawei ‘CORRECTING MISTAKES’: The rules create a more explicit prohibition on exports of components for 5G devices, making the ban more uniform among licensees Bloomberg The administration of US President Joe Biden has informed some suppliers to China’s Huawei Technologies Co (華為) of tighter conditions on previously approved export licenses, prohibiting items for use in or with 5G devices, people famili...
March 12, 2021
Thursday, March 11, 2021 On February 1, 2021, the Myanmar military overthrew the country’s democratically elected government and installed an army general as head of state, with a cadre of military officials and their allies running the government. On February 10, 2021, in response to the Myanmar military coup, President Biden issued Executive Order 14014 entitled, “Blocking Property With Respect to the Situation in Burma” (E.O. 14014 or the E.O.). [1] That E.O. targets membe...
March 12, 2021
Summary Building on the export controls and sanctions measures already imposed by the U.S. government in February in response to the military coup in Burma, the Bureau of Industry and Security (“BIS”) imposed additional export control restrictions on March 8, 2021, and OFAC designated additional parties as Specially Designated Nationals and Blocked Persons (“SDN”). The final rule published by BIS on March 8, 2021 implements the following changes to the Export Administration Regulations ...
March 12, 2021
US tightens conditions around 5G relating to Huawei suppliers The rules create a more explicit prohibition on the export of components such as semiconductors, antennas and batteries for Huawei 5G devices 12 March 2021 - 10:57 Eric Martin Picture: REUTERS/MICHELE TANTUSSI Washington — The Biden administration has informed some suppliers to China’s Huawei Technologies of tighter conditions on previously approved export licences, prohibiting items for use in or with 5G d...
March 12, 2021
China criticized the Biden administration on Friday over new restrictions on the Chinese telecom giant Huawei, arguing the move shows that the U.S. cannot be trusted.
March 11, 2021
PRESS RELEASE WASHINGTON – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the two adult children of the commander-in-chief of the Burmese military forces, Min Aung Hlaing, who is the leading actor in the overthrow of Burma’s democratically elected government, as well as six companies of his two adult children. Treasury took these actions in response to the Burmese military’s coup against the democratically elected civilian government ...
March 11, 2021
Samsung Cisco Systems, for example spent approximately US$6.35 billion on its 2020 R&D expenses. Though still robust, its a slight decline from the $6.58 billion it allocated in 2019. Similarly, semiconductor market leader Intels R&D expenses for the twelve months ended Sept. 30, 2020 also remained vigorous at $13.285 billion, though its a reduction of 0.94 percent year-over-year. However, to put this in perspective, Intels R&D expenses are more than the combined total of its two biggest compet...