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U.S. Senate Majority Leader Chuck Schumer (D-NY), and other members of the delegation arrive at Shanghai Pudong International Airport in Shanghai, China October 7, 2023. The goal of the trip to Asia, which includes stops in South Korea and Japan, is to advance U.S. economic and national security interests, and in China, the group hopes to meet Chinese President Xi Jinping, U.S. officials said. The trip follows visits by a series of high-level Biden administration officials, including Commerce Secretary Gina Raimondo in August. Other senators on the trip include Republicans Bill Cassidy and John Kennedy and Democrats Maggie Hassan and Jon Ossoff. China welcomes Schumer's visit and hopes it will deepen the U.S. Senate's "objective" understanding of China and facilitate dialogue between the nations' legislative agencies, China's foreign ministry said this week.
Persons: Chuck Schumer, Aly, Xi Jinping, Schumer, Biden, Gina Raimondo, Republican Mike Crapo, Bill Cassidy, John Kennedy, Maggie Hassan, Jon Ossoff, Schumer's, Raimondo, Antoni Slodkowski, Robert Birsel Organizations: International, REUTERS, Rights, U.S, Democratic, Republican, Thomson Locations: Shanghai, China, Washington, Beijing, Asia, South Korea, Japan, U.S, Taiwan, Shanghai's Pudong
WASHINGTON (AP) — President Joe Biden said Friday that he could potentially meet with Chinese President Xi Jinping on the sidelines of next month's Asia-Pacific Economic Cooperation summit in San Francisco. “There has been no such meeting set up, but it is a possibility," Biden told reporters when asked about the prospects of a face-to-face meeting with the Chinese leader. Biden and Xi have not spoken since their meeting last November of the sidelines of the Group of 20 summit in Bali, Indonesia. Political Cartoons View All 1202 ImagesThe Biden administration shot down a Chinese spy balloon that traversed the continental U.S. earlier this year. Beijing has stayed on the sidelines since Russia invaded Ukraine in February 2022.
Persons: Joe Biden, Xi Jinping, Biden, Xi, Gina Raimondo, Jake Sullivan, Wang Yi, Antony Blinken, Janet Yellen, Raimondo, John Kerry, Chuck Schumer Organizations: WASHINGTON, Economic Cooperation Locations: Asia, San Francisco, Bali , Indonesia, White, U.S, China, Ukraine, Taiwan Strait, Beijing, Russia, Moscow, Malta
China News Service | China News Service | Getty ImagesBEIJING — Chinese authorities are signaling a softer stance on once-stringent data rules, among recent moves to ease regulation for business, especially foreign ones. But foreign businesses have found it difficult to comply — if not operate — due to vague wording on terms such as "important data." The country's top executive body, the State Council, in August revealed a 24-point plan for supporting foreign business operations in the country. The text included a call to reduce the frequency of random inspections for companies with low credit risk, and promoting data flows with "green channels" for certain foreign businesses. When U.S. Commerce Secretary Gina Raimondo visited China in August, she called for more action to improve predictability for U.S. businesses in China.
Persons: Reva Goujon, Goujon, Gabriel Wildau, Gina Raimondo, Martin Chorzempa, Samm Sacks, Yale Law School Paul, Chorzempa, Sacks, Beijing's Organizations: China News Service, Getty, Cyberspace Administration of China, Government, European Union Chamber of Commerce, CNBC, EU, State, China Corporate, CAC, State Council, Commerce, Peterson Institute for International Economics, Yale Law School, Yale Law School Paul Tsai China Center and New, Baidu Locations: Chongqing, BEIJING, China, Beijing, Covid, U.S, Yale Law School Paul Tsai China Center and New America
TSMC and a group of unions are in talks to address Arizona workers' safety and training concerns. AdvertisementAdvertisementThe monthslong feud between the world's leading chipmaker and the union workers building its Arizona factory isn't over. "We've had discussions with TSMC , and we've provided what we feel is a good framework for an agreement," she said. The unions are specifically seeking a project-labor agreement, a legally binding collective bargaining agreement that is unique to the construction industry. The TSMC construction site in Phoenix.
Persons: , Brandi Devlin, hadn't, TSMC, We've, we've, we're, Devlin, Jacob Zinkula, Joe Biden, Gina Raimondo, Arizona, Phoenix hasn't, Aaron Butler Organizations: Service, Taiwan Semiconductor Manufacturing Co, Arizona, PLAs, chipmaker Micron, US, Phoenix Jacob, Department of Commerce, Commerce Department Locations: Arizona, New York, Phoenix, China, America, TSMC, Taiwan
Biden plans November meeting with China's Xi -Washington Post
  + stars: | 2023-10-05 | by ( ) www.reuters.com   time to read: +2 min
[1/2] U.S. President Joe Biden meets with Chinese President Xi Jinping on the sidelines of the G20 leaders' summit in Bali, Indonesia, November 14, 2022. REUTERS/Kevin Lamarque/File Photo Acquire Licensing RightsWASHINGTON, Oct 5 (Reuters) - The White House is making plans for a face-to-face meeting between U.S. President Joe Biden and Chinese leader Xi Jinping in San Francisco next month as the two countries seek to stabilize troubled relations, the Washington Post reported on Thursday. Biden and Xi's last meeting was on the sidelines of the G20 summit in Indonesia in November 2022, which was their first in person meeting since Biden became president. China's top security agency hinted last month any meeting between Xi and Biden will depend on the United States "showing sufficient sincerity." Xi recently skipped the G20 summit in New Delhi that Biden attended.
Persons: Joe Biden, Xi Jinping, Kevin Lamarque, Antony Blinken, Janet Yellen, Gina Raimondo, Blinken, Han Zheng, Jake Sullivan, Wang Yi, Biden, Xi's, Xi, Raimondo, Yellen, Jasper Ward, Kanishka Singh, Chris Sanders, Chris Reese, Kim Coghill Organizations: REUTERS, Rights, Washington Post, Economic Cooperation, Thomson Locations: Bali , Indonesia, San Francisco, Taiwan, Washington, U.S, China, New York, Malta, Indonesia, United States, Beijing, Asia, New Delhi
U.S. Secretary of Commerce Gina Raimondo attends a press conference at the Boeing Shanghai Aviation Services near the Shanghai Pudong International Airport, in Shanghai, China August 30, 2023. REUTERS/Aly Song/File Photo Acquire Licensing RightsWASHINGTON, Oct 4 (Reuters) - U.S. Commerce Secretary Gina Raimondo said Wednesday she hopes to announce the first chips funding award announcements from the government's $39 billion semiconductor subsidy program this fall. "I hope we will have some chips funding announcements this fall." It is not clear how long from initial announcements it will take the Commerce Department to finalize funding agreements. Separately, Raimondo said she supports legislation that would give the Commerce Department new tools to address information and communications technology supply (ICTS) chain concerns posed by China and other foreign adversaries.
Persons: Gina Raimondo, Aly, Raimondo, Mark Warner, John Thune, TikTok, Maria Cantwell, David Shepardson, Diane Craft, Marguerita Choy Organizations: Boeing Shanghai Aviation Services, Shanghai Pudong International Airport, REUTERS, Rights, . Commerce, Senate, Commerce Department, Guard, Thomson Locations: Shanghai Pudong, Shanghai, China
REUTERS/Julia Nikhinson Acquire Licensing RightsWASHINGTON, Oct 3 (Reuters) - A bipartisan U.S. Senate delegation will visit China, Japan and South Korea in October, Senate Majority Leader Chuck Schumer's office said on Tuesday. The trip will follow visits by a series of Biden administration officials, including Commerce Secretary Gina Raimondo in August. Other senators on the trip include Republicans Bill Cassidy and John Kennedy and Democrats Maggie Hassan and Jon Ossoff. The Chinese Embassy declined to comment Monday on the planned trip. Reporting by David Shephardson and Susan Heavey; Editing by Doina Chiacu and Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.
Persons: Chuck Schumer, Julia Nikhinson, Chuck Schumer's, Republican Mike Crapo, Xi Jinping, Schumer, Biden, Gina Raimondo, Schumer's, Bill Cassidy, John Kennedy, Maggie Hassan, Jon Ossoff, Raimondo, U.S.companies, David Shephardson, Susan Heavey, Doina Chiacu, Jonathan Oatis Organizations: Intelligence, U.S, Capitol, REUTERS, Rights, Senate, Republican, Embassy, Thomson Locations: Washington , U.S, China, Japan, South Korea, United States, U.S
The Biden administration warned Beijing of its plans to update rules that curb shipments of AI chips and chipmaking tools to China as soon as early October, a U.S. official said, a policy decision aimed at stabilizing relations between the superpowers. The Commerce Department, which oversees export controls, is working on an update of export restrictions first released last year. "The PRC has been expecting an update around the one year anniversary, based on conversations with administration officials," the U.S. official said, using the abbreviation for People's Republic of China. Providing China with a heads up about the rules is part of a broader bid by the Biden administration to stabilize relations with Beijing. The Biden administration has also sent a series of high-level officials to China, including Commerce Secretary Gina Raimondo in August.
Persons: Joe Biden, Biden, Gina Raimondo, Jake Sullivan, Wang Yi Organizations: White, Beijing, U.S, Commerce Department, People's, Reuters, National, Foreign Locations: Washington , U.S, China, People's Republic of China, Beijing, U.S
WASHINGTON (AP) — Senate Majority Leader Chuck Schumer is leading a bipartisan congressional delegation to China next week, traveling to the country amid heightened tensions and after several members of President Joe Biden’s Cabinet visited over the summer. Schumer, along with Republican Sen. Mike Crapo of Idaho, is visiting government and business leaders in China, South Korea and Japan “with the goal of advancing U.S. economic and national security interests” in the region, his office said Tuesday. Secretary of State Antony Blinken visited China in June, followed by visits of Treasury and Commerce secretaries Janet Yellen and Gina Raimondo as well as climate envoy John Kerry. Political Cartoons View All 1196 ImagesBiden’s national security adviser Jake Sullivan also held two days of talks with China’s top diplomat Wang Yi in Malta last month. Wang is expected to visit Washington before the end of October on a trip that officials will nail down the date and venue of the expected Biden-Xi summit.
Persons: Chuck Schumer, Joe Biden’s, Schumer, Republican Sen, Mike Crapo of, Schumer —, , Biden, Xi Jinping, China’s, Antony Blinken, Janet Yellen, Gina Raimondo, John Kerry, Jake Sullivan, Wang Yi, Wang, Crapo, Democratic Sens, Maggie Hassan, Jon Ossoff of, Republican Sens, Bill Cassidy of, John Kennedy of, Matthew Lee Organizations: WASHINGTON, Republican, Biden, Economic Cooperation, Treasury, Democratic, ___ Associated Press Locations: China, Mike Crapo of Idaho, South Korea, Japan, Ukraine, Taiwan, South China, Asia, San Francisco, Malta, Washington, New Hampshire, Jon Ossoff of Georgia, Bill Cassidy of Louisiana, John Kennedy of Louisiana
The Commerce Department, which oversees export controls, is working on an update of export restrictions first released last year. "The PRC has been expecting an update around the one year anniversary, based on conversations with administration officials," the U.S. official said, using the abbreviation for People's Republic of China. U.S. officials provided the information to Chinese counterparts in recent weeks, the official said, which Reuters is reporting for the first time. The Biden administration has also sent a series of high-level officials to China, including Commerce Secretary Gina Raimondo in August. Treasury Secretary Janet Yellen also gave Chinese officials a warning in July about restrictions on U.S. investment in China released in August.
Persons: Florence Lo, Biden, Gina Raimondo, Jake Sullivan, Wang Yi, Liu Pengyu, Peter Harrell, Janet Yellen, Xi, ASML, Alexandra Alper, Karen Freifeld, Chris Sanders, Anna Driver Organizations: REUTERS, Beijing, U.S, Commerce Department, People's, Reuters, National, Foreign, of Commerce, White House, Economic Cooperation, Thomson Locations: China, WASHINGTON, People's Republic of China, Beijing, U.S, United States, Washington, Asia, San Francisco, Bali, India, Netherlands, Japan
The flags of the United States and China fly from a lamppost in the Chinatown neighborhood of Boston, Massachusetts, U.S., November 1, 2021. REUTERS/Brian Snyder/File Photo Acquire Licensing RightsWASHINGTON, Oct 2 (Reuters) - A group of U.S. senators, including Majority Leader Chuck Schumer, plans to visit China next week and hopes to meet with Chinese President Xi Jinping, a spokesperson for Republican Senator Mike Crapo confirmed on Monday. Schumer's office said last month he was planning a trip to China, South Korea and Japan co-led by Crapo but did not comment on Monday. THE TAKESome senators are eager to boost engagement with China and address business-related issues between China and the United States. A growing number of U.S. businesses are expressing frustration at operating in China, Commerce Secretary Gina Raimondo said recently.
Persons: Brian Snyder, Chuck Schumer, Xi Jinping, Mike Crapo, Crapo, Gina Raimondo, Biden, David Shepardson, Jonathan Oatis, Rosalba O'Brien Organizations: REUTERS, Rights, Embassy, Thomson Locations: United States, China, Chinatown, Boston , Massachusetts, U.S, South Korea, Japan, Washington, Taiwan, Beijing
CNN —An Indian minister has accused Canada of giving “operating space” to terrorists and extremists, as he rejected claims by Prime Minister Justin Trudeau that the Indian government may have played a role in the assassination of a Sikh separatist on Canadian soil. “The Canadian (prime minister) made some allegations initially privately, and then publicly. He said the Indian government had long accused Canada of inaction in dealing with Sikh separatist extremism aimed at creating a separate Sikh homeland. He said India believes Canada has a “very permissive Canadian attitude towards terrorists, extremist people who openly advocate violence.”Those individuals “have been given operating space in Canada because of the compulsions of Canadian politics,” Jaishankar added. And that has actually compelled me to temporarily suspend even visa operations in Canada,” the minister added.
Persons: Justin Trudeau, , Subrahmanyam Jaishankar, , Trudeau, Hardeep Singh Nijjar, Trudeau’s, Jaishankar, ” Jaishankar, Antony Blinken, Blinken, Nijjar, Gina Raimondo, Katherine Tai, Alicia Barcena, Raquel Buenrostro, Jake Sullivan, I’m Organizations: CNN, Hudson Institute, India’s, Indian National Investigation Agency, State Department, US, US National, Canadian Locations: Washington, India, India’s Punjab, Canada, Britain , New Zealand, Australia, Mexican
U.S. Assistant Secretary of State for East Asian and Pacific Affairs Daniel Kritenbrink met with Chinese Vice Foreign Minister for Asia Sun Weidong, the State Department said in a statement on Thursday. More recently, Blinken met Chinese Vice President Han Zheng in New York and U.S. national security adviser Jake Sullivan met Chinese Foreign Minister Wang Yi in Malta. KEY QUOTES"The two sides held a candid, in-depth, and constructive consultation on regional issues as part of ongoing efforts to maintain open lines of communication," the State Department said. High-level talks between the two sides could help set the stage for a meeting between U.S. President Joe Biden and Chinese President Xi Jinping later this year. Reporting by Kanishka Singh and Eric Beech in Washington; Editing by Sonali Paul and Michael PerryOur Standards: The Thomson Reuters Trust Principles.
Persons: Dado Ruvic, Pacific Affairs Daniel Kritenbrink, Antony Blinken, Janet Yellen, Gina Raimondo, Blinken, Han Zheng, Jake Sullivan, Wang Yi, Kritenbrink, Joe Biden, Xi Jinping, Kanishka Singh, Eric Beech, Sonali Paul, Michael Perry Organizations: REUTERS, Rights, U.S, State, East Asian, Pacific Affairs, Foreign, Asia Sun Weidong, State Department, Thomson Locations: Washington, China, New York, U.S, Malta, Taiwan Strait, Myanmar, North Korea, Taiwan
CNN —The Chinese hackers who breached multiple US government agencies in May stole some 60,000 emails from senior State Department officials, including information on officials’ travel itineraries, a Senate staffer briefed on the matter told CNN. The hackers were also able to access a list of every State Department email address, according to the Senate staffer. That kind of reconnaissance could be useful information for any follow-on hacking efforts aimed at the State Department. At a press briefing Thursday, State Department spokesperson Matthew Miller confirmed that the hackers accessed about 60,000 State Department emails. “[T]his was a hack of Microsoft systems that the State Department uncovered and notified Microsoft about,” Miller told reporters.
Persons: Antony Blinken, Republican Sen, Eric Schmitt of Missouri, Matthew Miller, ” Miller, China Nicholas Burns, Gina Raimondo, Daniel Kritenbrink, Don Bacon of Nebraska, Schmitt, , ” Schmitt Organizations: CNN, State Department, Republican, State Department IT, State, Department, Microsoft, The State Department, Biden, East Locations: Pacific, China, East Asia, Blinken
That means the relationship between the two nations is interlaced and complex and far more nuanced than much of the debate might have suggested. “We need a totally new approach to China,” DeSantis said in the first half hour of the debate. “We’re going to have economic independence from China, where we’re decoupling our economy.”But the two economies are in fact deeply intertwined, and still depend on each other despite rising tension. “The United States will, in certain circumstances, need to pursue targeted actions to protect its national security. “We benefit greatly from access to cheaper products, a wide array of products and products in some cases where China has a technological lead.
Persons: Ron DeSantis, Vivek Ramaswamy, Doug Burgum, ” DeSantis, “ We’re, Janet Yellen, , Gina Raimondo, Yellen’s, ” Raimondo, , , Laxman, Jamie Dimon, Tim Cook, Eric Zheng, Burgum, Vladimir Putin, China —, Biden Organizations: CNN, Florida Gov, North Dakota Gov, Republican, US, Elon, Tesla, Starbucks, JPMorgan, Apple, American Chamber of Commerce, Geological Service Locations: China, , United States, Beijing, Shanghai, Moscow, Washington
Some users and analysts who bought the Mate 60 Pro say it uses a Chinese-made chip and is capable of 5G speeds. We are working overtime urgently to manufacture more so that more people can buy our products," Yu said. [1/4]People check a Huawei Mate 60 smartphone displayed at a Huawei flagship store in Beijing, China September 25, 2023. Huawei updated its official website after the event to add prices for its Mate 60 Pro+, which will start from 8,999 yuan ($1,230), and the Mate 60 RS Ultimate Design version, which is priced from 12,999 yuan. One shopper in the Beijing store, 29-year-old engineer Zhang Nianrong, said he saw the Mate 60 Pro as "carrying significance far beyond its value" and planned to buy it.
Persons: Gina Raimondo's, Apple's, Yu Chengdong, Yu, Maniler, Nelson Mandela, Florence Lo, Bryan Ma, Meng Wanzhou's, Washington . Meng, Ren Zhengfei, Zhang Nianrong, Yelin Mo, Brenda Goh, Sophie Yu, Himani Sarkar Organizations: Huawei Technologies, Huawei, U.S . Commerce, Weibo, REUTERS, IDC, Thomson Locations: BEIJING, SHANGHAI, China, Hong Kong, South Africa, Beijing, Iran, U.S, Washington
The regulation is the final hurdle before the Biden administration can begin awarding $39 billion in subsidies for semiconductor production. The landmark "Chips and Science" law provides $52.7 billion for U.S. semiconductor production, research and workforce development. The regulation prohibits funding recipients from significantly expanding semiconductor manufacturing capacity in foreign countries of concern for 10 years. The final rules prohibit material expansion of semiconductor manufacturing capacity for leading-edge and advanced facilities in foreign countries of concern for 10 years. The final rule ties expanded semiconductor manufacturing capacity to adding cleanroom or other physical space, defining material expansions as increasing production capacity by more than 5%.
Persons: Florence Lo, Biden, Gina Raimondo, Raimondo, David Shepardson, Kim Coghill Organizations: REUTERS, Rights, U.S . Commerce Department, Commerce Department, Thomson Locations: China, U.S, Russia
WASHINGTON, Sept 22 (Reuters) - The U.S. Treasury Department on Friday said it was formally launching two new U.S.-China working groups on economic and financial issues aimed at providing a regular policy communications forum between the world's two largest economies. In a statement, the Treasury said the two groups would "meet on a regular cadence" and report to Yellen and Chinese Vice Premier He Lifeng. China's Ministry of Finance will be Treasury's counterpart for the Economic Working Group, while the People's Bank of China will be its counterpart for the Financial Working Group. China's Finance Ministry and central bank both issued statements confirming the establishment of the economic and financial working groups but gave few details beyond saying they were aimed at strengthening communication and collaboration on these issues. Establishment of the two working groups also follows Commerce Secretary Gina Raimondo's agreement with Chinese officials in August to establish a working group on U.S. export controls aimed at explaining U.S. policies.
Persons: Yellen, Gina Raimondo's, Donald Trump, David Lawder, Christina Fincher Organizations: U.S . Treasury Department, Treasury, China's Ministry, Finance, Economic, People's Bank of, Financial, China's Finance Ministry, State, Thomson Locations: China, China's, People's Bank of China, Beijing, U.S, Washington
Leon Topalian, CEO of steelmaker Nucor told CNBC's Jim Cramer on Friday that oversupply continues to be an issue for the industry, stressing the importance of advocating for legislation that prevents steel dumping. The oversupply in the world, particularly out of China is significant," he said. It's been five years since the the Trump administration imposed a 25% tariff on steel imports, targeting foreign countries dumping steel into the U.S. market. "Their leadership and understanding this industry and not protecting free trade, but fair trade, because it's not just cheap steel, it's illegally subsidized and dumped steel that really harms this nation." Ahead of earnings, Nucor preannounced lower-than-expected guidance for the current quarter last week, which sent its stock down 6% in a single session.
Persons: Leon Topalian, steelmaker Nucor, CNBC's Jim Cramer, oversupply, We've, It's, Trump, Topalian, Biden, Gina Raimondo, Katherine Tai, it's Locations: China, U.S
Washington CNN —Justice Clarence Thomas attended a private dinner in 2018 during a winter donor summit of the Koch network, the political organization founded by libertarian billionaires Charles and David Koch, ProPublica reported Friday. Thomas attended Koch donor events at least twice over the years, according to interviews with three former Koch network employees and one major donor conducted by ProPublica. Thomas arrived for the 2018 dinner on a Gulfstream G200 jet, although a Koch network spokesperson told the outlet that the network did not pay for the private jet and it was not disclosed on his financial disclosure forms for that year. A spokesperson for the Koch network told ProPublica that Thomas wasn’t present for fundraising conversations. CNN has reached out to the Supreme Court for comment.
Persons: Clarence Thomas, Koch, Charles, David Koch, ProPublica, Thomas, , Thomas ’, Thomas wasn’t, ” Thomas, Loper, Raimondo, Critics, Clarence Thomas ’, Charles Koch, Harlan Crow, Lisa Graves, Crow Organizations: Washington CNN —, Koch, ProPublica, Gulfstream G200, CNN, Loper Bright Enterprises, Inc, Conservatives, Chevron, Natural Resources Defense, True, Research, GOP Locations: Congress, Washington
China says opposes discriminatory U.S. practices against firms
  + stars: | 2023-09-20 | by ( ) www.reuters.com   time to read: +2 min
BEIJING, Sept 20 (Reuters) - China opposes discriminatory practices by the United States against Chinese companies, the foreign ministry said on Wednesday, after the U.S. commerce department said an advanced phone chip made by Huawei may violate trade restrictions. Smartphone manufacturer Huawei recently started selling its Mate 60 Pro phone containing a chip that analysts believe was made with a technology breakthrough by Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) (0981.HK). In response, Chinese Foreign Ministry spokesperson Mao Ning said China "opposed the U.S. generalising the concept of national security". "Such discriminatory and unfair practices against Chinese companies undermine the principles of free trade and international economic and trade rules, and disrupt the stability of the global production and supply chain," she added. China and the United States are locked in an ongoing battle over semiconductor technology.
Persons: Gina Raimondo, Mao Ning, Liz Lee, Ethan Wang, Bernard Orr, Christian Schmollinger Organizations: Huawei, Semiconductor Manufacturing International Corp, HK, The Commerce Department, . Commerce, U.S, Foreign Ministry, Thomson Locations: BEIJING, China, United States, U.S, Washington
Hauwei also unveiled new smartphones in recent weeks that use advanced chips, which analysts say are domestically made. "These surveillance chips are relatively easy to manufacture compared to smartphone processors," said the source familiar with the surveillance camera industry's supply chain, adding that HiSilicon's return would shake up the market. A key factor is that the company appears to have worked around U.S. restrictions on chip design software. Huawei has not commented on the phone's 5G capabilities or how it produced the advanced chip. The United States has no evidence that Huawei can produce smartphones with advanced chips in large volumes, U.S. Commerce Secretary Gina Raimondo said on Tuesday.
Persons: Hauwei, Frost, Sullivan, HiSilicon, Taiwan's TSMC, Gina Raimondo, Dan Hutcheson, Shanghai Newsrooms, Fanny Potkin, Gerry Doyle Organizations: Huawei Technologies, Huawei, Securities, Novatek Microelectronics Corp, Semiconductor Manufacturing International Corp, HK, Kirin, United, . Commerce, Cadence Design Systems, Synopsys Inc, Siemens, Thomson Locations: BEIJING, SHANGHAI, U.S, Kirin, China, United States, Beijing, Shanghai, Singapore
Huawei used its own chip designs for its new 5G smartphone, The FT reported. It's a sign that the Chinese firm can implement its own designs in the same way as Apple. Huawei's phone led to panic in Washington amid fears over the effectiveness of China's export controls. The findings suggest a significant step forward in technical capabilities for Huawei as it begins to implement its own chip designs in smartphones in much the same way Western smartphone makers such as Apple have done for years. There are questions, though, about how successful Huawei would be in scaling the production of smartphones with advanced chips.
Persons: Gina Raimondo Organizations: Huawei, FT, Apple, Service, ARM, Financial Times, US government's Commerce Department, Semiconductor Manufacturing International Corp, Bloomberg, Reuters Locations: Washington, Wall, Silicon, China
Huawei also unveiled new smartphones in recent weeks that use advanced chips, which analysts say are domestically made. "These surveillance chips are relatively easy to manufacture compared to smartphone processors," said the source familiar with the surveillance camera industry's supply chain, adding that HiSilicon's return would shake up the market. A key factor is that the company appears to have worked around U.S. restrictions on chip design software. HiSilicon mainly supplies chips for Huawei equipment but has had external customers such as Dahua Technology (002236.SZ) and Hikvision (002415.SZ). The United States has no evidence that Huawei can produce smartphones with advanced chips in large volumes, U.S. Commerce Secretary Gina Raimondo said on Tuesday.
Persons: Florence, Frost, Sullivan, HiSilicon, Taiwan's TSMC, Gina Raimondo, Dan Hutcheson, Shanghai Newsrooms, Fanny Potkin, Gerry Doyle Organizations: Security China, REUTERS, Rights, Huawei Technologies, Huawei, Securities, Novatek Microelectronics Corp, Semiconductor Manufacturing International Corp, HK, Kirin, United, . Commerce, Cadence Design Systems, Synopsys Inc, Siemens, Thomson Locations: Beijing, China, Rights BEIJING, SHANGHAI, U.S, Kirin, United States, Shanghai, Singapore
Hong Kong CNN —Commerce Secretary Gina Raimondo says the US government has no evidence that Huawei can produce smartphones with advanced chips “at scale,” as it continues to investigate how the sanctioned Chinese manufacturer made an apparent breakthrough with its latest flagship device. On Tuesday, Raimondo told US lawmakers that she was “upset” by news of the launch of Huawei’s Mate 60 Pro during her visit to China last month. “The only good news, if there is any, is we don’t have any evidence that they can manufacture 7-nanometer [chips] at scale,” she told a US House of Representatives hearing. That surprised many because SMIC, a partially state-owned Chinese company, has also been subject to US export restrictions for years. The following year, the US government expanded on those curbs by seeking to cut Huawei off from chip suppliers that use US technology.
Persons: Gina Raimondo, Raimondo, China’s, TechInsights, Ivan Lam, Kevin Frayer, Toby Zhu, Zhu, Lam, — Rashard Rose, Mengchen Zhang Organizations: Hong Kong CNN —, Huawei, Kirin, Semiconductor Manufacturing International Corporation, CNN, SK Hynix, Huawei ”, Research, IT, Eurasia Group Locations: China, Hong Kong, Korean, Beijing, Shenzhen, Apple’s
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