The Bureau of Industry and Security has imposed export restrictions on 11 entities in China, Russia and the United Arab Emirates for acquiring U.S. products to support Chinese military modernization efforts and produce Shahed-series unmanned aerial vehicles. The organizations were added to the Department of Commerce’s Entity List, including Linkzol Technology, Xi’an Like Innovative Information...
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Tag: China
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China Announces New Round of Sanctions on US Companies Over Arms Sales Deal With Taiwan
China has sanctioned U.S. companies General Atomics Aeronautical Systems Inc. and General Dynamics Land Systems over arms deals with Taiwan, which it considers a breakaway province. The economic action bans senior executives from both defense technology providers from entering China and freezes access to company assets in the country. General Dynamics operates Gulfstream and jet...
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AMD Unveils Plan to Offer Export Control-Compliant AI Chip to China
Advanced Micro Devices is considering developing an artificial intelligence chip that it can deliver to Chinese customers without violating U.S. export regulations. In October 2022, the United States introduced wide-ranging export controls against Beijing, including semiconductors built using American tools and those designed for AI applications. AMD sees its new MI300 accelerator chip for training...
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White House Seeks Government Scrutiny of US Tech Investments in China
President Joe Biden will release this week an executive order to scrutinize outbound investments in sensitive technologies to China, according to a Reuters report. The order is designed to stop U.S. capital and expertise from supporting the development of technologies that could modernize China’s military and eventually threaten U.S. national security, the report added. Sources...
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EO Empowers Treasury to Regulate US Tech Investments in China
President Joe Biden signed an executive order Wednesday authorizing the Department of the Treasury to regulate U.S. technology investments in China and other countries of concern. The regulatory measure covers three technological sectors sensitive to national security, namely: semiconductors and microelectronics, quantum information technologies, and artificial intelligence. The EO follows extensive and thorough consultations by...
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FBI Probes Chinese Company Over Potential CFIUS Violation
The FBI has launched an investigation into Huafon’s potential violation of a national security agreement with the Committee on Foreign Investment in the United States in connection with the Chinese chemicals company’s acquisition of DuPont’s biomaterials business. CFIUS approved the $240 million acquisition deal, which was finalized in May 2022, with the condition that Huafon...
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State Department Clears Proposed Sale of F-16 Tracking System to Taiwan
The U.S. Department of State has approved the possible sale of F-16 Infrared Search and Track systems and related equipment to Taiwan under the Foreign Military Sales program. Lockheed Martin, which manufactures the fighter jets, is the principal contractor for the proposed acquisition. The Taipei Economic and Cultural Representative Office in the United States submitted the...
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Microsoft: A China-Linked Hacking Campaign Is Targeting Taiwan Networks
Microsoft has tracked down a China-linked hacking operation called Flax Typhoon that appears to target Taiwan-based organizations for long-term access to their networks. In a blog post, the tech giant said the activity used vulnerabilities in operating systems and applications to access the networks. Based on Microsoft’s observations, the threat actors linger on breached systems....
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US OKs $80M Arms Shipment to Boost Taiwan’s Self-Defense
Washington has cleared $80 million to fund the shipment of military supplies and services to Taiwan under the Department of State’s Foreign Military Financing program. A CNN report said that according to a letter the department addressed to Congress, the approved transfer of equipment under FMF, a program normally reserved for sovereign nations, would bolster...
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New Export Restrictions Imposed on Nvidia, AMD’s AI Chips
The United States is requiring Advanced Micro Devices and Nvidia to secure licenses prior to exporting artificial intelligence chips to some countries in the Middle East. According to a Reuters article, Nvidia said in a regulatory filing that the new export rule would not have “immediate material impact” on its financial results. AMD does not...