Subj : US announces further crackdown on firms selling technology to Hua
To   : All
From : TechnologyDaily
Date : Wed May 08 2024 16:15:05

US announces further crackdown on firms selling technology to Huawei

Date:
Wed, 08 May 2024 15:00:00 +0000

Description:
Department of Commerce piles on the pressure, but Huawei  continues to grow 
its market share.

FULL STORY
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In its latest crackdown designed to curb Chinas dominance in the tech sector, 
and amid continued geopolitical tensions, the United States has revoked 
certain licenses permitting the sale of chips to Shenzhen-based Huawei. 

The news, confirmed by the US Department of Commerce (via CNBC ), fails to 
detail the specific licenses that have been revoked. 

According to the agency, the decision aligns with the USs ongoing assessment 
of how best to safeguard its national security interests amid a dynamic 
digital threat landscape. US revokes certain China licenses 

This isnt the USs first anti-Huawei campaign  in 2019, the US added Huawei to 
an entity list over its concerns that the Chinese company had ties to the 
countrys military. 

Despite recent stringent trade regulations, Huawei has shown tremendous 
resilience, particularly in its consumer business. The recent launch of the 
Mate 60 Pro has been a significant factor in the companys global success the 
smartphone uses chips produced by the countrys top chipmaker, SMIC, which 
addresses and bypasses restrictions imposed by the US and other governments. 

Though Huawei doesnt make it into the list of top five smartphone brands for 
global shipments, the company saw a colossal 70% year-on-year increase in 
shipments in mainland China, when in Q1 2024, it accounted for 17% of the 
entire market. 

OPPO, HONOR, vivo and Apple accounted for between 15-16% each, highlighting 
the level of digital diversity in China. 

More broadly, the US governments actions come amidst escalating tensions 
between the two nations President Biden recently signed legislation that 
could potentially ban TikTok in the US unless it splits from its Chinese 
parent company. 

In recent years, the intertwined nature of economic and geopolitical 
interests has become increasingly apparent, but the slow development of such 
restrictions has given both sides time to adapt accordingly, rendering many 
of the bans ineffective at best. More from TechRadar Pro These are the best 
business smartphones Check out the best iPhones and the best Android phones 
Chinas chips are off the table - US considering Huawei sanctions over 
secretive chip network



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Link to news story:
https://www.techradar.com/pro/us-announces-further-crackdown-on-selling-techno
logy-to-huawei


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