WASHINGTON - The Trump administration is considering changing US regulations to allow it to block shipments of chips to Huawei Technologies from companies such as Taiwan's TSMC, the world's largest contract chipmaker, two sources familiar with the matter said.
The measure would be a blow to the world's no. 2 smartphone maker as well as to TSMC, a major producer of chips for Huawei's HiSilicon unit and mobile phone rivals Apple and Qualcomm. Huawei is at the heart of a battle for global technological dominance between the United States and China. The United States is trying to convince allies to exclude its gear from next generation 5G networks on grounds its equipment could be used by China for spying. Huawei has repeatedly denied the claim.
The United States placed Huawei on a blacklist in May last year, citing national security concerns. That forced some US and foreign companies to seek special licences from the Commerce Department to sell to it, but China hawks in the US government have been frustrated by the vast number of supply chains beyond their reach.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rocket attack hits near US embassy in Iraq capital: US military sourceBAGHDAD (AFP) - Multiple rockets hit near the US embassy in Iraq's capital early Sunday (Feb 16), an American military source said, the latest in a flurry of attacks against US assets in the country.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Amazon founder Jeff Bezos launches US$10 billion fund to combat climate changeWASHINGTON (AFP) - Jeff Bezos, founder and CEO of Amazon and the world's richest man, said Monday (Feb 17) he was committing US$10 billion (S$13.9 billion) to a new fund to tackle climate change.. Read more at straitstimes.com. Is he requiring black votes
Source: The Straits Times - 🏆 8. / 63 Read more »
Trendlines, Agriline to invest US$6.1m in portfolio companiesTrendlines, Agriline to invest US$6.1m in portfolio companies.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Former US Justice officials call for Attorney-General Barr's resignationWASHINGTON (AFP) - Over a thousand former Justice Department officials have signed a statement calling on US President Donald Trump's attorney general to resign over his interference in the sentencing of the president's friend and ally Roger Stone.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Coronavirus: 2nd test positive for US woman from cruise in CambodiaKUALA LUMPUR/SIHANOUKVILLE: A US passenger from a cruise ship that docked in Cambodia has tested positive for the coronavirus a second time, Malaysia said yesterday, after the cruise company and Cambodian authorities sought further tests. The 83-year-old...
Source: thenewpaper - 🏆 7. / 63 Read more »
Who needs an Oscar? I'm popular in U.S. now, jokes Ukrainian leaderUkrainian President Volodymyr Zelenskiy, a former comic actor, joked on Saturday that after dreaming of Oscars and popularity in the United States, he had achieved at least the fame part through President Donald Trump's impeachment. Asked at the Munich Security Conference about Ukraine being dragged
Source: YahooSG - 🏆 3. / 71 Read more »