China has reportedly picked US targets to strike back at in response to new restrictions on its telecom giant Huawei, as Washington attempts to cut the firm off from global semiconductors supplies.
As tensions continue to escalate between the world’s two biggest economies, the US Commerce Department announced on Friday that it was amending an export rule and the Entity List to “narrowly and strategically target Huawei’s acquisition of semiconductors that are the direct product of certain US software and technology.”
Chinese state media was quick to react to the new restrictions on key technological supplies for domestic companies. According to the Global Times, Beijing is ready to put US companies on the so-called “unreliable entity list,” as well as launch investigations against Qualcomm, Cisco and Apple under Cybersecurity Review Measures and anti-monopoly law. The report added that the firms may face some restrictions, without elaborating on the…
Ursprünglichen Post anzeigen 179 weitere Wörter