Big impact expected from new U.S. export control rule targeting Huawei’s chip division HiSilicon

In the latest U.S. move that strategically targets Huawei, the U.S. government is targeting the Chinese company’s HiSilicon chip business, which is key to Chinese ambition of dominating the semiconductor sector. With the latest U.S. strategic move, Huawei is set to lose access to chip making tools. In what could be the most damaging move…

Taiwanese chipmaker TSMC stops taking new orders from Huawei following U.S. restrictions

On Monday, as per a report from Japan’s news daily the Nikkei which cites multiple sources familiar with the matter at hand, the world’s biggest chip maker, Taiwan Semiconductor Manufacturing Co Ltd, has stopped taking new orders from Huawei Technologies following Washington’s move aimed at further cutting off supplies to the Chinese company. Huawei’s orders…

Venture capital arm of Intel Corp invests in 2 Chinese startups

On Wednesday, the venture arm of U.S. chipmaker Intel Corp, Intel Capital stated it has invested in two Chinese startups in the semiconductor sector. The fresh investments comes at a time when there is heightened tensions between Washington and Beijing over chip manufacturing. One of the Chinese startups, Intel Capital has invested is ProPlus. It…

Newly proposed rule in U.S. Foreign Direct Product Rule will cut off supply of sophisticated chips to Huawei

Senior administrators in the Trump administration have agreed to further tighten restrictions of semiconductors on Huawei Technologies. Under the newly proposed rules, foreign companies that use U.S. chipmaking equipment will now have to obtain a U.S. license before supplying certain chips to Huawei. According to one of the sources, rule will slash the supply of…

Samsung Display working to exempt engineers from Vietnam’s 14-day quarantine program

South Korea’s Samsung Display, a supplier for Samsung Electronics and Apple Inc, has requested Vietnam to exempt 700 South Korean engineers from its mandatory quarantine requirement saying they are needed to prepare for the production of screens for new smartphones. South Korea is Vietnam’s biggest foreign investor. In an effort to contain the outbreak of…

U.S. mulls changes to Foreign Direct Product Rule to cut off Huawei from global chip supply chain

According to two sources familiar with the matter at hand, the Trump administration is mulling options, which includes changing U.S. regulations to allow it to block shipments of chips to Huawei Technologies from companies such as Taiwan’s TSMC, the world’s largest contract chipmaker. These are among the many proposal the U.S. Administration is looking at…

Canada’s Telus Corp scheduled to launch 5G services with Huawei: Telus Corp’s CFO

In a statement by Canadian telecom operator Telus Corp’s Chief Financial Officer Doug French, the telecom operator is scheduled to roll out 5G services with the help of Huawei Technologies Co Ltd’s equipment. “It’s important for us to launch our network when the time is right…” said French in a statement while adding the company…

Trump Administration extends Huawei’s temporary license to purchase U.S. goods

In a statement, the U.S. government said, it was issuing a 45-day extension to Huawei Technologies Co Ltd which allows U.S. companies to continue doing some business with it. The development comes in the wake of the Trump Administration adding the Chinese company to an economic blacklist in May 2019 citing national security concerns. The…