US blacklists five more Chinese tech companies

The move comes a month after Huawei was banned and put on the United States' "entity list."


The US Commerce Department has blacklisted another five Chinese tech companies, preventing them from buying US-made chips and components. Like Chinese tech giant Huawei last month, the companies were added to the United State's "entity list" (PDF) due to national security concerns. 

The filing, spotted earlier Friday by CNBC, blocks China-based Higon, Sugon, Chengdu Haiguang Integrated Circuit, Chengdu Haiguang Microelectronics Technology and Wuxi Jiangnan Institute of Computing Technology.

Sugon and Wuxi lead China's exascale high-performance computing development, the filing says. Sugon's computers have military users, while Wuxi is owned by the 56th Research Institute of the General Staff of China's People's Liberation Army "to support China's military modernization."

Higan develops integrated circuits, electronic information systems, software and computer system integration, while the Chengdu entities design X86 architecture chips and produce integrated circuits.

As pointed out by CNBC, US chip companies' stock fell following the announcement, with Nvidia down by 1%, Xilinx by 2.2% and Advanced Micro Devices by 2%.

Hardware and software vendors have been fleeing Huawei: Amazon Japan reportedly no longer offers Huawei devices for sale, and last month, Google locked Huawei out of its Android updates, though the US Commerce Department granted it a three-month general license to update existing devices.

In a turnaround, Microsoft began selling its existing inventory of Huawei MateBook laptops earlier this week, saying it "will continue to respond to the many business, technical and regulatory complexities."


Huawei is also expected to take a $30 billion hit to its revenue as a result, although CEO Ren Zhengfei earlier this week said he is not too concerned about the loss.

https://www.cnet.com/news/us-blacklists-five-more-chinese-tech-companies/

Us is pushing China to the wall

Pwansunrise:
Us is pushing China to the wall

trump is a good leader, that has the interest of america first at heart. He is undoing all the clueless policies of the obama administration. China and the socialist party has been stealing data and intellectual property of american companies and also spying on us of a. They either renegotiate of they get crushed, just like iran will be crushed. GOD BLESS AMERICA

yomi96:
trump is a good leader, that has the interest of america first at heart. He is undoing all the clueless policies of the obama administration. China and the socialist party has been stealing data and intellectual property of american companies and also spying on us of a. They either renegotiate of they get crush, just like iran will be crush. GOD BLESS AMERICA

U lack basic understanding of macro economics

Just relax 10 years from now we shall know

Pwansunrise:
Us is pushing China to the wall

or well

US A I like you, but I love my in-laws more.

Well, this is a definitive point for China, it's either to prove to the world they are capable or they go cap in hand.

This will only make China become more stronger
China's are more determined to succeed and they will do any thing to achieve there aims

[s]
U lack basic understanding of macro economics

Just relax 10 years from now we shall know[/s]all this mumu arm chair analysis.you either counter with sound facts or get off my mention. Prof of economics.

mrvitalis:

U lack basic understanding of macro economics

Just relax 10 years from now we shall know

10 years is too much!

mrvitalis:

U lack basic understanding of macro economics

Just relax 10 years from now we shall know

OGA, what is the macro rubbish you typed. Their biggest consumer is America let them renegotiate and things would be fine. Forget the story 10 years from now.


Abi na India and Nigeria way no get high purchasing power to consume go buy their products??

Their business, we have our own problems.

TANTUMERGO007:

OGA, what is the macro rubbish you typed. Their biggest consumer is America let them renegotiate and things would be fine. Forget the story 10 years from now.


Abi na India and Nigeria way no get high purchasing power to consume go buy their products??

With EU looking towards china and brics looking to fight dollar this is the end of american reign

5G is already in the bag for china thats game over

TANTUMERGO007:

OGA, what is the macro rubbish you typed. Their biggest consumer is America let them renegotiate and things would be fine. Forget the story 10 years from now.


Abi na India and Nigeria way no get high purchasing power to consume go buy their products??

Lol.. Check online every freelancer want to America, why? Because they are ready to pay for value.

And people trust the fact that they are Americans, I read China is making 500billion while USA is making 40 billion.

Trump just want tbings to get balance, well like I said earlier its none of my business.

Na how naija go better we dey find.

mrvitalis:

With EU looking towards china and brics looking to fight dollar this is the end of american reign

5G is already in the bag for china thats game over

All this una conspiracy theory, make them fight for a united EU first before them begin reason USA

Great

Nigeria can only push small ghana

udemzyudex:



Lol.. Check online every freelancer want to America, why? Because they are ready to pay for value.

And people trust the fact that they are Americans, I read China is making 500billion while USA is making 40 billion.

Trump just want tbings to get balance, well like I said earlier its none of my business.

Na how naija go better we dey find.

Nigerians go sit down they analyze economy like say na garri

TANTUMERGO007:

All this una conspiracy theory, make them fight for a united EU first before them begin reason USA

Most EU country dont trust trump the Iran case was an example , the acceptance of chinas 5G is another one

America is just struggling to keep relevance ....this whole fight was to frustrate chinas 5G advancement ...but it failed

TANTUMERGO007:

Nigerians go sit down they analyze economy like say na garri

Lol.

mrvitalis:

Most EU country dont trust trump the Iran case was an example , the acceptance of chinas 5G is another one

America is just struggling to keep relevance ....this whole fight was to frustrate chinas 5G advancement ...but it failed

I repeat side the first class EU countries, where market they now. Mind you countries are trying to reduce consumptions and be production driven. Remove UK Germany even France bro, where is the market?

mrvitalis:

Most EU country dont trust trump the Iran case was an example , the acceptance of chinas 5G is another one

America is just struggling to keep relevance ....this whole fight was to frustrate chinas 5G advancement ...but it failed

America struggling to keep relevance like say America na Obasanjo who can't even win his ward abi America na Tonto Dickey and Kemi Olunloyo who will rather die than refuse to post gibberish on instagram in a week. Let me tell you, if Trump sneeze, all media house go analyze am.

udemzyudex:



Lol.. Check online every freelancer want to America, why? Because they are ready to pay for value.

And people trust the fact that they are Americans, I read China is making 500billion while USA is making 40 billion.

Trump just want tbings to get balance, well like I said earlier its none of my business.

Na how naija go better we dey find.

You mean the deficit trade balance between USA and China? Lolz. Not bad. We all keep learning.

So you think? How can nigeria “push” Ghana? Forget about size or population, but even US can’t “push” Ghana.

Amuocha:
Great

Nigeria can only push small ghana

mrvitalis:

With EU looking towards china and brics looking to fight dollar this is the end of american reign

5G is already in the bag for china thats game over

This is really funny.

mrvitalis:

U lack basic understanding of macro economics

Just relax 10 years from now we shall know

Tell that nigga

When US had serious economic problems China came to bail them out by buying their bonds.

China so believed in US that she bought over one quarter of the US assets and this is what US wants to pay China back with.

In few years to come,chin will overcome this challenge and even emerge stronger.

Can us goods compete with Chinese goods if the world is divided into two. Real question.

Tomide007:
Can us goods compete with Chinese goods if the world is divided into two. Real question.

you think say, if us govt give them companies money like china does to their own, them company go fit stand? My guy all american companies has to do is to take their companies to india or taiwan, where there is cheap labour and huge market. Las las na dem go loose

Some Idiots in Nigeria supporting the dumb Trump don`t know the long term impact of his actions

mrvitalis:

U lack basic understanding of macro economics

Just relax 10 years from now we shall know

yomi96:
you think say, if us govt give them companies money like china does to their own, them company go fit stand? My guy all american companies has to do is to take their companies to india or taiwan, where there is cheap labour and huge market. Las las na dem go loose

two big companies producing the same product cannot come out of America. Two big phone companies like say Huawei and Xiaomi can never come out of America. They will sue themselves to bankruptcy. America is cursed with lawsuit and court cases a country where two adults can't even live together as a couple for 15 without dragging each other to court and splitting properties. Tueh!
Even Apple and Qualcomm that aren't even direct rivals have been disgracing themselves internationally with lies lawsuit

[s]quote author=lilbest4 post=79583815]two big companies producing the same product cannot come out of America. Two big phone companies like say Huawei and Xiaomi can never come out of America. They will sue themselves to bankruptcy. America is cursed with lawsuit and court cases [/s]oboy you dunce o, how come, facebook and twitter are from usa?