Advanced semiconductor chips are pivotal for the next generation of artificial intelligence technologies, which is one reason why the US isn't letting NVIDIA sell directly to Chinese firms.
The decision comes as a response to increasing security threats posed by companies and concerns in Brussels about certain national governments delaying action on the matter.
Huawei was indicted in 2018 for allegedly misleading HSBC & other banks about its business in Iran. In 2020, other charges, including conspiring to steal trade secrets, were included.
Smartphone leaders like Xiaomi, Vivo, Oppo, and Huawei, besides smaller fintech players, are under the scanner of various central agencies for a laundry list of alleged offences.
Allegations that Mauritius PM Pravind Jugnauth allowed Indian tech team to install equipment for intercepting internet traffic have snowballed into growing political scandal.
Delhi HC has sought a response from the IT department over a lookout circular issued against Huawei India CEO, who was stopped from boarding a flight to Bangkok on 1 May.
Trudeau's government banned the firms citing national security concerns. The Chinese embassy in Canada said the groundless blacklisting violated free trade and market principles.
In 2012, Australian officials informed US that they had detected a sophisticated intrusion into the country’s telecommunications systems. This was done using Huawei.
Huawei CFO Meng Wanzhou was detained by Canada in 2018 at US’ extradition request over alleged violation of Iran sanctions. But was it a prisoner swap deal with China?
The current Iran war has laid bare a fundamental reality: 20 per cent of global energy trade cannot afford to rely on a single artery, no matter how resilient and cost-effective.
Regulator seeks feedback on allowing firms to repurchase shares via exchanges after tax changes, as markets reel from war-led selloff and foreign outflows.
It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.
COMMENTS