According to sources familiar with the matter at hand, the U.S. Department of Commerce is close to introduce a new rule that would allow U.S. companies to work with Huawei Technologies on setting standards for the next generation 5G networks. In 2019, following rhe U.S. Commerce Department blacklisting the company, engineers in some U.S. technology…
On Monday, Silk EV, a little-known U.S.-based engineering and design firm disclosed it plans on investing $1.41 billion (10 billion yuan) in order to make sports cars with China’s FAW Group under the Hongqi brand, the brand of choice for China’s late revolutionary leader Chairman Mao Zedong. Silk EV has signed a memorandum of understanding…
In a statement, the Federal Communications Commission (FCC) stated, it is mulling options which include the shutting down the U.S. operations of three state-controlled Chinese telecommunications companies, due to potential national security risks. To this end, the FCC has issued show cause orders to China Unicom Americas, China Telecom Americas, and Pacific Networks Corp along…
On Wednesday, China’s banking and insurance regulator stated, it had detected sales of customer data from the insurance and banking sector by overseas criminals. It did not elaborate or specify how many individuals had been affected. During a briefing, Huang Hong, the vice chairman of the China Banking and Insurance Regulatory Commission said, the data…
According to data from auto consultancy firm LMC Automotive, Tesla Inc’s China car registrations have shot up by 450% in March to touch 12,709 units in March, up from 2,314 in February. This is in contrast to the overall auto sales in China which has plunged by 43.4% in March, with the coronavirus pandemic continuing…
In a significant development, several agencies from the U.S. government including the Justice Department called on the Federal Communications Commission (FCC) to revoke China Telecom (Americas) Corp’s ability to provide international telecommunications services to and from the United States. China Telecom is the U.S. subsidiary of a People’s Republic of China (PRC) state-owned telecommunications company.…
Industry groups are pushing back proposed changes to U.S. export controls regulations which are aimed at curbing the sale of high technology chips to Chinese companies, highlighting the role played by chips in addressing the COVID-19 pandemic. Nine industry groups have urged U.S. Commerce Secretary Wilbur Ross to allow public comments before allowing the rules…
Cyber security specialists have formed an international group to fight hacking related activities revolving around China’s coronavirus. The international group consisting of nearly 400 volunteers with expertise in cybersecurity is called the COVID-19 CTI League. The group which monitors cyber threat intelligence spans across 40 countries and includes professionals in senior positions at major tech…
According to a report from Bloomberg, the U.S. Department of Health and Human Services (HHS), a key part of the federal government’s response to China’s Wuhan coronavirus outbreak, has been hit by a cyberattack on Sunday night. In a tweet on Monday, the report cited unnamed sources who said there were multiple hacking attacks that…
In an effort to stop the spread of the Wuhan coronavirus, Samsung Electronics said, it will be adopt electronic voting for the first time ever in its annual general meeting (AGM) on March 18. Samsung’s AGM will take place at a convention center in Suwon, around 18 miles (30 km) south of Seoul. On Monday,…
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