U.S. adds AMD partner and other Chinese tech companies to export blacklist

AMD President and Chief Executive Lisa Su attends a launch event at the Fair Market in Austin, Texas, in 2016. Su said at a recent conference in Taiwan that AMD would not license its newer technologies to Chinese companies.

In a statement Friday, the Commerce Department said the entities were part of China’s efforts to develop supercomputers. It said they raised national security concerns because the computers were being developed for military uses or in cooperation with the Chinese military.“While Huawei gets attention, the most important sector for U.S.

Lisa Su, AMD’s chief executive, said at a recent conference in Taiwan that AMD would not license its newer technologies to Chinese companies. “Sugon is going to be pinched,” said Anand Srinivasan, an analyst at Bloomberg Intelligence. “The THATIC joint venture may have been to grease AMD’s entry into China. It was to appease the Chinese to give them a bit of intellectual property to expand their capabilities. For AMD, it is a high-margin business, but it is not material.”

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Slack is latest tech company to go public, with a twistNEW YORK (AP) — Shares of work messaging platform Slack are expected to start trading on the New York Stock Exchange under the ticker 'WORK.' The San Francisco company is set to start... SlackHQ Slack is largely funded by Saudi Arabia - worth thinking twice for users or potential investors
Source: AP - 🏆 728. / 51 Read more »

Apple, Microsoft and other tech companies ask to be excluded from the China tariffsMore than half a dozen big tech companies wrote to the Trump Administration this week asking it not to hit the products they produce in China with additional tariffs Too bad. Tariff?! Lol Because it cuts into their bottom line.
Source: CNN - 🏆 4. / 95 Read more »