The US Commerce Department revokes some export licenses that let companies ship chips and other goods to Huawei; sources say the move affects Intel and Qualcomm
Move marks latest effort by Biden administration to target the country's tech sector — The Biden administration …
Financial Times Demetri Sevastopulo
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Discussion
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@jcawley01
Joel Cawley
on x
We spent over a century establishing a brand value of being a trusted supplier for our clients most critical operational needs. We've spent decades building and establishing that trust at the highest levels of China's biz. @GinaRaimondo has literally no idea what she's destroying
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@denisewu
Denise Wu
on x
Good, Chinese authorities already stated they want to phase out foreign hardwares using AMD and Intel, there is no reason to continue helping them fill the void with more advanced chips.
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@nikstankovic_
Nik Stankovic
on x
Why does the Biden administration hate US companies so much that it is sanctioning them out of the largest market on the planet? I can only conclude that people who claim Beijing Biden is a CCP agent are correct. Had China done this to Intel and Qualcomm it would pay a dear...
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@jcawley01
Joel Cawley
on x
US revokes licences for supply of chips to China's Huawei I'm a tech industry strategist. Making the US tech industry an utterly unreliable supplier to basically any firm in China is sentencing the US to global strategic irrelevance. Stupid. https://www.ft.com/...
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@julianku
Julian Ku
on x
Feel like Commerce is playing whack a mole ("whack a chip"?)
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@macaesbruno
Bruno Maçães
on x
“It is clear from these trends that Huawei, a blacklisted company that was on the ropes just a few years ago, is making a comeback,” the lawmakers wrote in their letter.
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@samirkhazaka
Samir Khazaka
on x
The @FT report that US revoked export licences allowing Qualcomm to supply Huawei with semis is good news for Mediatek who did not have an exemption to sell 4G chips to Huawei. This volume will shift to other Chinese OEMs where @Mediatek already has strong 4G chip share. $QCOM
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@james_t_quinn
Jimmy Quinn
on x
New: @EliseStefanik says the Commerce Department's move to revoke licenses allowing certain U.S. firms to sell chips to Huawei (as reported by FT below) was the result of her pressure. Last month she accused Commerce of failing to enforce its export controls. In a statement...
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@kristinaparts
Kristina Partsinevelos
on x
Qualcomm shares reacting to the FT's report that the US will revoke chip supply licenses to China's Huawei. But $QCOM's 10Q's already warned of this: “we do not expect to receive product revenues from Huawei beyond the current calendar year”. Priced in? https://www.ft.com/... [im…
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@dimi
Demetri
on x
SCOOP - US commerce department is #revoking export #licenses that allow @Intel & @Qualcomm to export chips to @Huawei for laptops & mobile phones. https://www.ft.com/...
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@niubi
Bill Bishop
on x
“The move comes amid US alarm at Huawei's ability to develop advanced chips despite sweeping export controls introduced in 2022” how many fabs has Huawei built and filled with us equipment since those controls were introduced?
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@james_t_quinn
Jimmy Quinn
on x
Stefanik and Senator Marco Rubio wrote to Secretary Gina Raimondo on April 25, expressing concern that new Huawei products were using U.S. chips: [image]
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@jchengwsj
Jonathan Cheng
on x
FT, citing sources: “US revokes licences for supply of chips to China's Huawei—Move marks latest effort by Biden administration to target the country's tech sector” @Dimi https://www.ft.com/...
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@senmarcorubio
Senator Marco Rubio
on x
The US revoked licenses for the supply of chips to China's Huawei. My statement: [image]
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@carnage4life
Dare Obasanjo
on x
It must be tough to hit financial difficulties because the US government says the products you make are too good to be sold to Chinese companies. De-globalization is going to hit more and more companies as it spreads from chips to AI. https://www.bloomberg.com/...
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@mattinthemittel
Matt Mittelsteadt
on x
If closed models are heavily restricted, everyone's just going to follow Meta's lead (as many already are). Will this improve national secuirty? Unlikely. https://www.reuters.com/...