Displaying items by tag: Foreign Direct Product Rule

China's biggest memory manufacturer is claimed to have supplied telecommunications equipment vendor Huawei Technologies with chips, violating American export controls.

The American Federal Communications Corporation has banned China Telecom (Americas) from operating in the US, claiming it may be a threat to national security.

The number of Huawei smartphones manufactured this year will be between 70 million and 80 million units, the website Nikkei Asia reports, adding that this would be about a 60% decline from the 189 million units made in 2020.

Global semiconductor, services and software firm Qualcomm Technologies has received permission from the US Department of Commerce to sell some of its products to Chinese telecommunications equipment provider Huawei Technologies, a report says.

Chinese telecommunications equipment vendor Huawei Technologies is planning to put up a plant in Shanghai that would be dedicated to producing semiconductors for its telecommunications infrastructure business.

Semiconductor, services and software firm Qualcomm has signed an agreement with Chinese telecommunications equipment vendor Huawei Technologies to settle a pending payment, as well as a new long-term global patent licensing deal.

Taiwanese semiconductor firm Taiwan Semiconductor Manufacturing Company says it has stopped processing orders from Chinese telecommunications equipment vendor Huawei Technologies following the US imposition of restrictions in May that make it illegal to supply product to a company that is on an American blacklist unless it obtains a licence.

If we are to believe the excuse being trotted out by the UK for changing its stance on the use of gear from Chinese telecommunications equipment vendor Huawei Technologies in its 5G networks, then semiconductors made by one company are not as safe as those made by another company – though they are all made to the same specs.

Chinese telecommunications equipment vendor Huawei Technologies says its revenue for the first half of calendar 2020 was 451.7 billion Chinese yuan (A$92.8 billion), an increase of 13.1% year-on-year with the net profit margin being 9.25%.

China's ambassador to the UK, Liu Xiaoming, has indicated that any change in the existing UK stance on telecommunications equipment vendor Huawei Technologies would send a bad message to the Chinese business community.

The use of equipment from Chinese telecommunications equipment vendor Huawei Technologies in British 5G networks will be phased out from this year onwards, a report claims.

Restrictions placed on American firms to prevent them from playing a role in helping China roll out 5G networks are being neutralised by Japanese companies who have leapt into the breach and are filling their pockets while supplying the needed gear.

Security officials in the United Kingdom are reported to have told telecommunications companies in the country to stockpile gear made by Chinese telecommunications equipment vendor Huawei Technologies as American sanctions may prevent the Chinese company from keeping supplies flowing.

South Korea's Samsung Electronics is considering a deal with Chinese telecommunications equipment maker Huawei Technologies whereby the former would help the Chinese firm obtain its requirement of advanced semiconductors in exchange for Huawei ceding a part of its smartphone market share to Samsung.

ANALYSIS The first attempt by the US, a year ago, to cripple Chinese telecommunications equipment vendor Huawei Technologies and prevent it from manufacturing its products has been mostly a failure, with the only definitive outcome being the success in banning the company from using the proprietary version of Google's Android mobile operating system.

New restrictions on the use of American products, imposed by the Commerce Department on Chinese telecommunications equipment provider Huawei Technologies, have been described as arbitrary and pernicious by the company.