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.
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:
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 device and iToy, Car, Batteries etc etc when WE sold the patents and only rare earths mining co. in the USA to China years ago when we were obviously not thinking as usual. So now we sanction China pathetically because we can’t compete and worse SELL our patents to them and then cry foul later. Nice. 🎬