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Sources: to evade US sanctions, Huawei is supporting PXW, a startup based in its hometown Shenzhen that ordered chipmaking equipment for a semiconductor plant

typically 25% — without falling under the restrictions" dont be surprised if that % threshold drops significantly https://twitter.com/... Peter Elstrom / @pelstrom : Exclusive: A low-profile startup in China is building a chip-making facility that could help Huawei circumvent US sanctions. There's a lot to unpack in this scoop from @debbywuintaipei @GaoYuan86 @ianmking @jendeben https://www.bloomberg.com/... via @technology Bill Bishop / @niubi : Huawei May Be Circumventing US Sanctions With Secretive Chipmaking Startup - Bloomberg PXW aka Peng Chips. Biden admin known about it for a while, done nothing so far, this kind of article may force hands https://www.bloomberg.com/... @chinabeigebook : “If it succeeds in getting off the ground, the startup could effectively enable #Huawei to sidestep Washington's efforts to choke off the flow of #chips to a company it views as a military & economic threat” https://www.bloomberg.com/... Byron Wan / @byron_wan : I hate to say this but US sanctions haven't been that effective and a lot of times they are not rigorously enforced. Some sanctions are just stupid as they can be sidestepped by simply creating another entity with a slightly different name! https://twitter.com/... Byron Wan / @byron_wan : 🇨🇳 Huawei is providing support to Pengxinwei IC Manufacturing Co (PXW), a Shenzhen startup run by an ex-Huawei exec. PXW has ordered chipmaking equipment from foreign suppliers for a semiconductor manufacturing plant under construction near Huawei HQ. 1/n https://www.bloomberg.com/...

Bloomberg

Discussion

  • @dericsayers Eric Sayers on x
    Two competing export control narratives this week: major new rules coming from BIS Friday at the same time this story of export control failure breaks. Congress will welcome the first and offer significant signals of concern about the second. https://www.bloomberg.com/...
  • @niubi Bill Bishop on x
    ""Foreign-made items may incorporate a de minimis amount of US-origin content" — typically 25% — without falling under the restrictions" dont be surprised if that % threshold drops significantly https://twitter.com/...
  • @pelstrom Peter Elstrom on x
    Exclusive: A low-profile startup in China is building a chip-making facility that could help Huawei circumvent US sanctions. There's a lot to unpack in this scoop from @debbywuintaipei @GaoYuan86 @ianmking @jendeben https://www.bloomberg.com/... via @technology
  • @niubi Bill Bishop on x
    Huawei May Be Circumventing US Sanctions With Secretive Chipmaking Startup - Bloomberg PXW aka Peng Chips. Biden admin known about it for a while, done nothing so far, this kind of article may force hands https://www.bloomberg.com/...
  • @chinabeigebook @chinabeigebook on x
    “If it succeeds in getting off the ground, the startup could effectively enable #Huawei to sidestep Washington's efforts to choke off the flow of #chips to a company it views as a military & economic threat” https://www.bloomberg.com/...
  • @byron_wan Byron Wan on x
    I hate to say this but US sanctions haven't been that effective and a lot of times they are not rigorously enforced. Some sanctions are just stupid as they can be sidestepped by simply creating another entity with a slightly different name! https://twitter.com/...
  • @byron_wan Byron Wan on x
    🇨🇳 Huawei is providing support to Pengxinwei IC Manufacturing Co (PXW), a Shenzhen startup run by an ex-Huawei exec. PXW has ordered chipmaking equipment from foreign suppliers for a semiconductor manufacturing plant under construction near Huawei HQ. 1/n https://www.bloomberg.co…