U.S. sanctions against China’s Huawei have hit their marks: its smartphone shipments have fallen by 4% during the December quarter, according to shipment data. According to data from research firm Canalys, Huawei’s market share in China slumped to 22% from 38% in the year-ago quarter. However, it continues to remain the market leader with a…
The Trump Administration has added nine Chinese companies, including Chinese plane maker Comac and mobile phone maker Xiaomi, to a trade blacklist which Washington thinks are owned or controlled by the Chinese military. These companies will be subject to a new U.S. investment ban which will compel American investors to divest their holdings of the…
According to a court filing, the Trump administration has granted TikTok’s owner ByteDance a new seven-day extension to an existing order directing the Chinese company to sell its TikTok short video-sharing app. Earlier the the Trump administration had granted ByteDance a 15-day extension which was set to expire on Friday. On August 14, U.S. President…
In a significant development, the Trump Administration announced that it will further tighten the screws on Huawei Technologies Co, and crack down on its access to commercially available semiconductors. The development underscores the U.S. Commerce Department’s intent to expand restrictions that were announced in May 2020 which were aimed at preventing the Chinese company from…
In a significant development, U.S. President Donald Trump stated, the United States will ban China-owned ByteDance’s TikTok video-sharing app, and Tencent’s WeChat app, in 45 days. The development comes in the wake of the Trump administration stepping up efforts to purge “untrusted” apps, including Chinese ones, from its digital networks citing “significant threats” posed by…
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…
May 10, 2020 – On Sunday, the Wall Street Journal reported, the Trump’s administration is holding talks with semiconductor companies on building chip factories in the United States. As per the WSJ report, which cites sources familiar with the matter at hand, the Trump administration is in talks with Intel Corp and Taiwan Semiconductor Manufacturing…
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…
The Trump administration has once again allowed U.S. companies to continue to do business with China’s Huawei Technologies Co Ltd by extending the trade license until May 15, 2020. The U.S. Commerce Department had previously extended it until April 1. Separately, the U.S. Commerce Department has sought public comments on whether it should issue future…
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…
business-gurus.com 