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 to companies named in the US Commerce Department’s Entity List by updating older, multi-year export licenses, issued between 2019 and 2020, with tougher restrictions imposed during the latter stages of President Trump’s tenure.
India seeks to shut out Chinese vendors from 5G networks developingtelecoms.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from developingtelecoms.com Daily Mail and Mail on Sunday newspapers.
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The internet of things (IoT) is a set-up of interconnected
objects, people or systems that process and react to physical and
virtual information. It achieves outcomes that aim to improve user
experience or the performance of devices and systems. The
expression IoT is increasingly being used to define objects that
talk to each other.
Consider the following scenario: An alarm-clock transmits
one s wake-up time to the coffee-maker which in turn collects
the information to perform the activity of making a cup of coffee
available at the appropriate time. Further, the coffee-maker in
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India’s Department of Telecommunications (DoT) has asked the country’s Supreme Court to clarify its previous ruling on the timeframe for the payment of dues derived from AGR (Adjusted Gross Revenue).
In its last ruling relating to AGR payments, the Supreme Court had set 31st March 2021 – the end of the fiscal year - as the deadline for operators to pay the first 10% of their dues, with the remainder to be paid in equal instalments annually up to 31st March 2031.