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SoftBank-backed face-scan firm CloudMinds rebrands US unit to add distance after blacklisting Image from CloudMinds. Premium The U.S. unit of SoftBank–backed robotics startup CloudMinds has changed its name to distance itself from the blacklisted China-based firm, two people with knowledge of the matter said, and is selling face-scanning temperature monitors through T-Mobile US. Continue reading this story with a subscription to DealStreetAsia. Contact us...

US slaps additional visa restrictions on Chinese officials over rights abuses State Secretary Mike Pompeo said that the United States has been clear that perpetrators of human rights abuses are not welcome in the country. (Image: Reuters) Updated: Dec 22, 2020, 07:15 AM IST The United States has issued additional visa restrictions on Chinese officials over alleged human rights abuses, US State Secretary Michael Pompeo announced on Monday adding that Chinas authorit...

Tuesday, December 22, 2020 The United States (US) approved its second COVID-19 vaccine by Moderna this week, ramping up its initial vaccine distribution and inoculations in America.  Meanwhile, the European Union (EU) decided to expedite its vaccine approval process and is now on track to authorize the Pfizer/BioNTech and Moderna vaccines before the end of the month. Talks between the United Kingdom (UK) and EU continued this past week.  While some progress was noted, a significant ...

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Two lawmakers urge US to further tighten restrictions on Chinas SMIC Toggle share menu Advertisement Two lawmakers urge US to further tighten restrictions on Chinas SMIC Two key Republican lawmakers on Tuesday urged the Trump administration to strengthen new rules adopted Friday aimed at preventing Chinas biggest chipmaker SMIC from getting access to advanced U.S. technology. FILE PHOTO: A logo of Semiconductor Manufacturing International Corporat...

Two lawmakers urge U.S. to further tighten restrictions on Chinas SMIC Reuters 12/22/2020 By David Shepardson © Reuters/ALY SONG FILE PHOTO: A logo of Semiconductor Manufacturing International Corporation (SMIC) is seen at China International Semiconductor Expo (IC China 2020) in Shanghai By David Shepardson WASHINGTON (Reuters) - Two key Republican lawmakers on Tuesday urged the Trump administration to strengthen new rules adopted Friday aimed at preventing Chinas bigges...

items that are located in the US, even temporarily; and  non-US-origin items that contain more than a de minimis level of controlled US-origin content (for non-embargoed countries, this is 25% US origin content by value).  The ban applies only to the named affiliates and does not extend automatically to subsidiaries of listed entities.  At the same time, transfer of goods, software or technologies to affiliates of named entities risk violating the sanctions if there is reason to know that a ...

To embed, copy and paste the code into your website or blog: The U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) has issued a final rule amending the Export Administration Regulations (“EAR”) to add 77 entities to the Entity List. This rule took effect on Friday, December 18, 2020 when BIS made a copy available for public inspection on the Federal Register website. As a result of these Entity List designations, the EAR will now require BIS licensing for any exp...

China Adds 60,000 New Chip Firms In 2020 For 22% Annual Growth Reveals Data Dec 22, 2020 12:13 EST At the close of last week, the United States Department of Commerce (DoC) officially added Chinas Semiconductor Manufacturing International Corporation (SMIC) to its Entity List, as it expanded the scope of American sanctions against Chinese companies. The Departments rationale behind this decision was similar to the one it had cited for adding another Chinese company, Huawei Technologies Ltd...

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