Page 213 - Entity List News Today

The new US Commerce Secretary nominee says there's "no reason" why Huawei shouldn't remain on the US Entity List.

Chinas SMIC Earns Top Revenues in 2020 Despite COVID-19, Sees No Exodus of Clients Amid Trade War Subscribe Sputnik International https://sputniknews.com/business/202102051081988602-chinas-smic-earns-record-revenues-in-2020-amid-covid-19-sees-no-exodus-of-clients-amid-trade-war/ The Shanghai-based semiconductor firm continued to boost profits with clients because of rising demand for electronic devices amid the ongoing COVID-19 pandemic, but was "working hard" with US suppliers to reduce supply...

Blackburn Introduces Amendments to Counter China and Iran Sen. Marsha Blackburn (R-Tenn.) on Feb. 3 introduced a number of amendments in opposition to the Democrat budget agenda focused on restricting certain activities of China and Iran. This occurred while senators continue to debate on the 2021 budget resolution using the budget “reconciliation” process, which allows congressional Democrats to pass tax and spending bills by a simple majority vote. Blackburn said her amendments “cou...

Feb 5, 2021 (Washington, DC) -- Governor Raimondos presumed departure to become U.S. Secretary of Commerce is delayed. Texas Senator Ted Cruz has placed her nomination on hold which prevents a motion for a vote from reaching the full Senate. He says hes concerned by Raimondos lack of commitment to keep the Chinese telecommunications company Huawei on an Entity List for national security reasons. Cruz is one of three Republican senators who voted against her nomination in committee earlier ...

Ted Cruz pushes back on Biden Cabinet choices, places hold on Commerce pick Gina Raimondo The Republican has voted against all but one of the president’s selections so far; fellow Republican John Cornyn has voted against only one. WASHINGTON — Texas Sen. Ted Cruz has put a hold on President Joe Biden’s pick for Commerce secretary – Rhode Island Gov. Gina Raimondo – spotlighting the Republican’s staunch opposition to the new commander in chief’s Cabinet selections. Cruz confirmed l...

US trade gap soars in 2020 amid pandemic disruptions AFP 2/5/2021 AFP © STR US Senator Ted Cruz is blocking President Joe Bidens pick to lead the Commerce Department unless the White House agrees to continue sanctions on Huawei The US trade deficit surged in 2020 to its highest level since 2008, the government reported Friday, in the pandemic-roiled year that upended the global economy. Business shutdowns and global shipping disruptions caused by Covid-19 were a major fac...

SMIC Reports 2020 Fourth Quarter Results All currency figures stated in this report are in US Dollars unless stated otherwise. The consolidated financial statements are prepared in accordance with International Financial Reporting Standards ("IFRS"). News provided by Share this article Share this article SHANGHAI, Feb. 4, 2021 /PRNewswire/ -- Semiconductor Manufacturing International Corporation (SSE STAR MARKET: 688981; SEHK: 00981;OTCQX: SMICY) ("SMIC", the "Company" or "we"), one of the le...

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...

Thursday, 04 Feb 2021 03:43 PM MYT Hong Kong and Shanghai sank more than one per cent initially though they pared the losses as the afternoon wore on. — Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. HONG KONG, Feb 4 — Asian markets slipped Thursday as investors took a breather after a broad three-day rally, though upbeat data, stimulus hopes and signs of improvement on the coronavirus and vaccine fronts continued to provide strong support. A...

Biden commerce pick sees no reason to pull Huawei from blacklist US President Joe Biden’s nominee for commerce secretary, Gina Raimondo, said she knows of “no reason” why Huawei Technologies, ZTE and other Chinese companies shouldn’t remain on a restricted trade list. Raimondo, in written questions from senate Republicans, was asked about the two companies, as well as Semiconductor Manufacturing International Corp and Hikvision and others. They are on a list that requires US firms...