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BIS Continues Enforcement Policy Ramp-Up | McGuireWoods LLP - Vimarsana News

BIS Continues Enforcement Policy Ramp-Up | McGuireWoods LLP

On January 16, 2024, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) issued new guidance to incentivize voluntary self-disclosure (“VSD”) of possible...

Pentagon now considers China's 3D NAND maker YMTC a 'military company' — designation bars company from using US-designed chipmaking equipment - Vimarsana News

Pentagon now considers China's 3D NAND maker YMTC a 'military company' — designation bars company from using US-designed chipmaking equipment

Pentagon believes that Yangtze Memory could be supporting China's military complex.

What Every Multinational Company Needs to Know About … The Uyghur Forced Labor Prevention Act Due Diligence and Compliance (Part II) | Foley & Lardner LLP - Vimarsana News

What Every Multinational Company Needs to Know About … The Uyghur Forced Labor Prevention Act Due Diligence and Compliance (Part II) | Foley & Lardner LLP

In our previous biweekly update, What Every Multinational Needs to Know About … The Uyghur Forced Labor Prevention Act, Part I, we summarized the UFLPA requirements and the basic...

Microsoft-Backed Chinese Company Works With Sanctioned Groups - Vimarsana News

Microsoft-Backed Chinese Company Works With Sanctioned Groups

Wicresoft, started in 2002 by Microsoft and the Shanghai Municipal Government, conducts business with at least three companies sanctioned by the U.S. government over national security concerns and human rights violations.

Huawei's car-making partner Seres expects reduced 2023 losses, with M7 and M9 EVs paving road to profitability - Vimarsana News

Huawei's car-making partner Seres expects reduced 2023 losses, with M7 and M9 EVs paving road to profitability

Seres expects its losses for last year to fall between US$295 million and US$380 million, narrowing from US$535 million in 2022.

Source: scmp.com