United States blacklists five more Chinese tech companies

United States blacklists five more Chinese tech companies

United States blacklists five more Chinese tech companies

The Commerce Department has reportedly issued export restrictions that cut five major Chinese supercomputer developers off from USA technology.

The filing, spotted earlier by CNBC, blocks companies Higon, Sugon, Chengdu Haiguang Integrated Circuit, Chengdu Haiguang Microelectronics Technology and Wuxi Jiangnan Institute of Computing Technology.

Sugon and the Wuxi Jiangnan Institute are involved in China's push to develop escalate high performance computing that can assist China's military modernisation.

The Commerce Department did not immediately respond to a request for comment.

"Adding more Chinese companies to the USA bad guys list may be seen as a way to ramp up the pressure on China", said Amanda DeBusk, a partner at Dechert LLP and the former Commerce Department assistant secretary for export enforcement.

In May, the Trump administration added Huawei to the entity list, barring it from buying needed US parts and components without USA government approval.

Pink Floyd's Dave Gilmour to sell guitars to support climate change campaign
We're not surprised , per se, that Gilmour has more than $20 million in guitars to get rid of on any given day, but still-damn. This much-modded guitar was originally a Fender 1968 to '69 alder-body Strat with black painted over the original Sunburst.

The commerce department said on Friday that since 2015, NUDT has procured items under the name Hunan Guofang Kei University using four separate, additional addresses not already on the entity list.

Experts say the move could complicate trade talks scheduled for next week between President Donald Trump and Chinese counterpart Xi Jinping.

Commerce is putting five Chinese organizations, including supercomputer maker Sugon, on its so-called Entity List, saying their activities are "contrary to the national security and foreign policy interests of the United States".

"Adding more Chinese companies to the US bad guys list may be seen as a way to ramp up the pressure on China", said Amanda DeBusk, a partner at Dechert LLP and the former Commerce Department assistant secretary for export enforcement. The U.S. and China are competing for dominance in supercomputer manufacturing.

The blacklisted entities are central to China's attempt to build a next-generation supercomputer capable of handling one quintillion calculations a second. Developed by the US Department of Energy and the Argonne National Laboratory, this supercomputer - still in development - is called "Aurora with Intel".

Huawei Chief Financial Officer Meng Wanzhou, daughter of the company's founder, has been detained in Canada since December on a USA warrant. After the testing was done, the equipment was shipped back to China.

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