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US-based hard disk drive suppliers face further scrutiny over whether they've shipped proscribed HDDs to Huawei

The Wicker man: US Commerce Committee senator questions Toshiba, Seagate and WD
Chris Mellor
Wed 12 May 2021 // 16:55 UTC
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US Commerce Committee Senator Roger Wicker is on a mission to find out if HDD makers stateside are shipping drives to Huawei, and has fired off questions to Seagate, Toshiba America Electronic Components (TAEC) and Western Digital.
This follows the initiation of a US Department of Commerce (DoC) investigation in March into the possible supply of Seagate HDDs to Huawei.
At the time we asked Seagate whether it was shipping disks to the much-maligned Chinese tech biz and it responded by saying it complies with all applicable laws including export control regulations , and We do not comment on specific customers. ....

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Western Announces Fourth Quarter 2020 Results

Western Announces Fourth Quarter 2020 Results
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TSX: WEF
VANCOUVER, BC, Feb. 18, 2021 /PRNewswire/ - Western Forest Products Inc. (TSX: WEF) ( Western or the Company ) reported adjusted EBITDA of $71.1 million in the fourth quarter of 2020. Western capitalized on strong North American lumber markets by growing Western Red Cedar ( WRC ) shipments, and by redirecting commodity production from weaker export markets into the speciality treated lumber segment.
Net income in the fourth quarter of 2020 was $34.4 million ($0.09 net income per diluted share), as compared to a net loss of $29.2 million ($0.09 net loss per diluted share) for the fourth quarter of 2019 and net income of $11.5 million ($0.03 net income per diluted share) in the third quarter of 2020. ....

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US highlights cost of ICT import restrictions - Mobile World Live

US highlights cost of ICT import restrictions - Mobile World Live
19 FEB 2021
The US Department of Commerce (DoC) warned a new trade policy set to limit purchases of network technology and software from certain countries could impact as many as 4.5 million businesses and cost them up to $20.2 billion each year.
In a report, the DoC stated the rule would “likely increase production costs” for affected companies as they “substitute higher-priced alternatives for restricted imports”.
It also warned of possible “delays in the completion of projects” due to the need to re-evaluate and potentially modify purchases or designs to avoid restricted components. ....

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The U.S. will lose its technological dominance soon

The Trump-led U.S. government was very angry that the American technology companies let China beat them to 5G. However, technological innovations never come cheap. The Chinese government is investing heavily in its technology companies. This is probably one of the reasons why the U.S. is linking them to the Chinese military. American chip companies warn that if the government fails to invest heavily in manufacturing and research, the United States’ will lose its technological dominance. Its leadership in key technologies will also be at risk.
The American Semiconductor Industry Association (SIA) called on the U.S. government to take “bold action” by providing subsidies or tax credits. The body claims that it would “make more components that drive U.S. economic growth, employment, and infrastructure”. ....

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Trump takes parting shot at Huawei - Mobile World Live

Trump takes parting shot at Huawei - Mobile World Live
mobileworldlive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mobileworldlive.com Daily Mail and Mail on Sunday newspapers.

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