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Tag: Biden

Biden signs new order to review foreign investment in US chips
NEWS, Opinion & Analysis

Biden signs new order to review foreign investment in US chips

US President Joe Biden on Thursday signed an executive order that raised Washington's national security concerns as he reviewed foreign investment in key industries such as semiconductors. The order directs the Committee on Foreign Investments in the United States (CFIUS) to assess the impact of any foreign transaction in four areas to better align the committee with the Biden administration's national security priorities: critical supply chain resilience, technology leadership, cybersecurity and sensitive personal data. It also requires CFIUS to consider foreign transactions in the context of investment trends that could threaten national security, such as the acquisition of multiple companies in a single industry segment. According to the White House fact sheet, areas listed as affect...
US government spends money on Telecom Operators to dismantle Huawei and ZTE equipment
NEWS, Opinion & Analysis

US government spends money on Telecom Operators to dismantle Huawei and ZTE equipment

Hong Kong media reports: The US government spends $1.9 billion to allow rural telecom operators to dismantle Huawei and ZTE equipment. Hong Kong's South China Morning Post reported on the 28th that the US Federal Communications Commission (FCC) issued a document to the country's rural telecom operators on the 27th, instructing the latter to apply for a US$1.9 billion "remove and replace" program subsidy. Using the phrase "national security is threatened" by the US, he is trying to destroy Chinese firms like Huawei. The US has repeatedly accused Chinese companies' products of security risks, but they have never produced convincing evidence. According to reports, the program will officially begin accepting applications on October 29. In an online meeting on the 27th, the FCC an...
Biden nominates Huawei prosecutor for key China export post
NEWS, Opinion & Analysis

Biden nominates Huawei prosecutor for key China export post

The White House said on Wednesday (July 28) that US attorney Thea Kendler, attorney for China's criminal case against Huawei and Chief Financial Officer Meng Wanzhou, will be nominated for a Commerce Department post vital to controlling exports to China. Kendler, a lawyer in the Department of Justice's national security division, will be appointed assistant secretary for export management at the Department of Commerce. The nomination must be confirmed by the Senate. Kendler is expected to work under Alan Estevez, a former Pentagon official appointed on July 13 as undersecretary of industry and security for the Department of Commerce at the center of the US-China tech war. The department has restricted sales to Huawei Technologies since 2019, when the company and its dozens of non-...
Huawei Founder Ren Zhengfei expects Biden management to be positive
NEWS, Opinion & Analysis

Huawei Founder Ren Zhengfei expects Biden management to be positive

Huawei Founder Ren Zhengfei said today he hopes it will be "extremely difficult" for the US new government to withdraw its sanctions against the company, but the new Biden administration will introduce a more "open policy". Despite US bans, Huawei managed to record positive growth in both revenue and net profit last year. But he thinks that the US Biden government will relax the bans so that the US supply companies do not suffer, so that the company does not have a hard time in the coming years. Huawei Founder Ren Zhengfei also said, "We hope the new administration will accommodate a clear policy for the benefit of American companies and also for the economic development of the United States." Ren Zhengfei said he would also welcome a phone call from Biden. Zhengfei Ren, Huawei fo...
What will change for Huawei with US President Joe Biden
NEWS, Opinion & Analysis

What will change for Huawei with US President Joe Biden

Now that Joe Biden has officially been elected the new US president, the question is rightly what will happen to Huawei. It was May 2019 when the Donald Trump administration's executive order imposed a ban as controversial as it was harmful to Chinese society. Within a year, it ceased to be one of the most relevant companies in the technological landscape and was overthrown by many countries. Just look at sales figures in Europe going from 4th to 2nd in a few months. But now Donald Trump is no longer at the head of the United States, what could Huawei face? Why is Donald Trump angry at Huawei?First, why Huawei was banned by Donald Trump can easily be traced back to its nationalist and isolationist policies. Trump launched a genuine customs war that broke the historically sensitive relat...
White House vows to protect US telecoms network from Huawei security threat
NEWS, Opinion & Analysis

White House vows to protect US telecoms network from Huawei security threat

The Biden administration will work to safeguard American telecoms networks from "untrusted vendors" like Huawei Technologies Co Ltd that threaten national security, the White House said on Wednesday, offering some insight into its plans for China's top telecoms equipment company, long in Washington's crosshairs. WASHINGTON: The Biden administration will work to safeguard American telecoms networks from "untrusted vendors" like Huawei Technologies Co Ltd that threaten national security, the White House said on Wednesday, offering some insight into its plans for China's top telecoms equipment company, long in Washington's crosshairs. "Telecommunications equipment made by untrusted vendors, including Huawei, is a threat to the security of the U.S. and our allies," White House press secr...
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