financetom
Technology
financetom
/
Technology
/
US commerce secretary downplays chip in advanced Huawei phone
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US commerce secretary downplays chip in advanced Huawei phone
Apr 21, 2024 4:19 PM

WASHINGTON (Reuters) - The chip powering the Mate 60 Pro phone of sanctioned Chinese company Huawei is not as advanced as American chips, U.S. Commerce Secretary Gina Raimondo said on Sunday, arguing that it shows U.S. curbs on shipments to the telecoms equipment giant are working.

Huawei, which has been on a trade restriction list since 2019, surprised the industry and the U.S. government when it released a new phone powered by a sophisticated chip last August. The Huawei Mate 60 Pro was seen as a symbol of China's technological resurgence despite Washington's ongoing efforts to cripple its capacity to produce advanced semiconductors.

It was also seen by many as a slight for Raimondo, who was visiting China when it was released. But in an interview with CBS News' "60 Minutes," Raimondo pushed back against that view.

"What it tells me is the export controls are working because that chip is not nearly as good, ... it's years behind what we have in the United States, she said. "We have the most sophisticated semiconductors in the world. China doesn't."

Washington has been locked in a years-long effort to deprive Beijing of advanced semiconductor chips and the tools needed to make them over concerns they would be used to strengthen China's military capabilities.

Huawei, a symbol of that tech war, was added to the so-called entity-list in 2019 amid fears it could spy on Americans, forcing its U.S. suppliers to seek a difficult-to-obtain license to ship to it.

But its suppliers, including Intel ( INTC ), have received licenses worth billions of dollars to keep selling to the company. Huawei's revelation of its first AI-enabled laptop powered by an Intel ( INTC ) chip this month has fueled anger among Republican China hardliners.

When asked if she was tough enough on big business, Raimondo was emphatic.

"I hold businesses accountable as much as anyone," she told Lesley Stahl on "60 Minutes." "When I tell them they can't sell their semiconductors to China, they don't love that, but I do that," she added.

The Huawei phone also prompted a review by the Biden administration to learn the details behind the chip that powers it, the most advanced semiconductor China has so far produced. But details of the review have been scant.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Apple Chip Veteran Joins Sam Altman-Backed AI Startup To Lead Hardware Engineering
Apple Chip Veteran Joins Sam Altman-Backed AI Startup To Lead Hardware Engineering
Jun 28, 2024
Rain AI, a San Francisco-based startup backed by OpenAI co-founder Sam Altman, has appointed a former Apple Inc. chip executive to head its hardware engineering division. The new hire is expected to play a crucial role in the company’s quest to develop innovative semiconductors for artificial intelligence. What Happened: Rain AI has named Jean-Didier Allegrucci as the head of hardware...
Nokia taps AI boom with $2.3 bln Infinera purchase
Nokia taps AI boom with $2.3 bln Infinera purchase
Jun 28, 2024
By Supantha Mukherjee STOCKHOLM, June 28 (Reuters) - Nokia's bid to buy U.S. optical networking gear maker Infinera ( INFN ) in a $2.3 billion deal puts the Finnish company on track to gain from the billions of dollars in investment pouring into data centres to cater to the rise of artificial intelligence. The deal would help Nokia to leapfrog...
Nokia taps AI boom with $2.3 billion Infinera purchase
Nokia taps AI boom with $2.3 billion Infinera purchase
Jun 28, 2024
By Supantha Mukherjee STOCKHOLM (Reuters) - Nokia's bid to buy U.S. optical networking gear maker Infinera ( INFN ) in a $2.3 billion deal puts the Finnish company on track to gain from the billions of dollars in investment pouring into data centres to cater to the rise of artificial intelligence. The deal would help Nokia to leapfrog Ciena and...
Millicom confirms buyout proposal from Atlas, says offer undervalues company
Millicom confirms buyout proposal from Atlas, says offer undervalues company
Jun 27, 2024
June 27 (Reuters) - An independent committee of telecom firm Millicom International Cellular's board members confirmed on Thursday it has been in talks with Atlas Investissement over a potential buyout, but said the offer undervalued the company. French billionaire Xavier Niel's investment vehicle Atlas, which is the top shareholder of Millicom with a 29% stake according to a company filing...
Copyright 2023-2026 - www.financetom.com All Rights Reserved