Trump Adds 5 More Chinese Companies to U.S. Blacklist

1 minute read
| News

President Trump added five more Chinese companies to the U.S. blacklist. This means they can’t buy U.S. components (via CNBC).

Chinese Companies

The companies are Higon, Chengdu Haiguang Integrated Circuit, Chengdu Haiguang Microelectronics Technology, Sugon and Wuxi Jiangnan Institute of Computing Technology.

chinese flag us blacklist

According to a filing [PDF] from the Department of Commerce, the activities of these companies post a “significant risk of being or becoming involved in activities contrary to the national security and foreign policy interests of the United States.”

Some of the companies, like Sugon, the Wuxi Jiangnan Institute of Computing Technology, and the National University of Defense Technology are leaders in China’s development of exascale supercomputers. Sugon has publicly acknowledged “a variety of military end uses and end users of its high-performance computers,” while Wuxi Jiangnan Institute of Computing Technology’s mission is “to support China’s military modernization.”

Further Reading:

[Foxconn Founder Asks Apple to Move from China]

[Chinese Move to Boycott Apple Because of Huawei]

1
Leave a Reply

Please Login to comment
1 Comment threads
0 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
1 Comment authors
CudaBoy Recent comment authors

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  Subscribe  
newest oldest most voted
Notify of
CudaBoy
Member
CudaBoy

This what the USA does when they can’t compete – Ban and Sanction – just look at Huawei. Look at the trumped (pun intended) up war with Iran where WE back out of a working deal and then cry Aggression Aggression when it’s US provoking by leaving treaties and planting fake videos of Oil tanker “attacks” (never mind no motive mentioned) etc. Why? Because Iran is selling their Oil in Euros and we don’t like it – same same Venezuela ….disgusting. Now we accuse China of cornering the rare earths mkt. – you know the stuff that’s in EVERY electrical… Read more »