US weighs sanctioning Huawei’s Chinese chip network


Huawei Sanctions

Bloomberg News reported on Wednesday that the Biden administration is thinking of placing several Chinese semiconductor companies connected to Huawei Technologies Co. (HWT.UL) on a blacklist. The article cited people familiar with the situation.

According to the source, Qingdao Si’En, SwaySure, and Shenzhen Pensun Technology Co. are among the companies that may be placed on a blacklist. Additionally, U.S. officials are considering imposing sanctions on ChangXin Memory Technologies Inc., a manufacturer of memory chips.

The Biden administration is considering blacklisting several Chinese semiconductor firms linked to Huawei Technologies Co. after the telecom giant notched a significant technological breakthrough last year, people familiar with the matter said.

Such a move would mark another escalation in a US campaign to ringfence and curtail Beijing’s AI and semiconductor ambitions. It would ratchet up the pressure on a Chinese national champion that’s made advances despite existing sanctions, including producing a smartphone processor last year that many in Washington thought beyond its capabilities.

You may also like to check out:

Follow us on Instagram, Pinterest, or Twitter, and like our Facebook page to get the latest updates on technology news.

Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More