{"id":61107,"date":"2023-09-14T20:42:21","date_gmt":"2023-09-15T00:42:21","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/house-republican-lawmakers-urge-us-crackdown-on-huawei-smic\/"},"modified":"2023-09-14T20:42:24","modified_gmt":"2023-09-15T00:42:24","slug":"house-republican-lawmakers-urge-us-crackdown-on-huawei-smic","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=61107","title":{"rendered":"House Republican lawmakers urge US crackdown on Huawei, SMIC"},"content":{"rendered":"<div>\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<u><\/u><span>2\/2<\/span><\/p>\n<p><span class=\"text\">\u00a9 Reuters. FILE PHOTO: A Chinese flag flutters near a Huawei store in Shanghai, China September 8, 2023. REUTERS\/Aly Song<\/span><br \/>\n<i class=\"imgGrad\"><\/i><br \/>\n<span>2\/2<\/span><u><\/u>\n<\/div>\n<p>By David Shepardson<\/p>\n<p>WASHINGTON (Reuters) -A group of senior U.S. House Republicans on Thursday urged the Biden administration to crack down on Huawei and China&#8217;s top semiconductor firm Semiconductor Manufacturing International Corp (SMIC) after reports suggested Huawei has developed an advanced smartphone.<\/p>\n<p>The lawmakers &#8211; including the chairs of the House Foreign Affairs, Energy and Commerce, Armed Services, and select China committees &#8211; urged the Commerce Department to stop granting licenses to Chinese government-controlled companies such as SMIC, and said it called for additional U.S. pressure &#8220;and more effective export controls on our adversaries.&#8221; <\/p>\n<p>The letter led by Foreign Affairs Chair Michael McCaul called on the administration &#8220;to strategically bar the import of SMIC-produced semiconductors, particularly those that pose risks to national security, into the United States,&#8221; and for the administration to &#8220;pursue criminal charges against executives from SMIC and Huawei.&#8221;<\/p>\n<p>Huawei and SMIC did not immediately respond to requests for comment.<\/p>\n<p>The Commerce Department, which did not immediately comment on the letter, said last week it is working to obtain more information &#8220;on the character and composition&#8221; of the chip that may violate trade restrictions.<\/p>\n<p>&#8220;The restrictions in place since 2019 have knocked Huawei down and forced it to reinvent itself &#8212; at a substantial cost to the (Chinese) government,&#8221; the department said.<\/p>\n<p>White House National Security Adviser Jake Sullivan said last week the U.S. government is trying to get more information about the Huawei chip.<\/p>\n<p>Earlier this month Representative Mike Gallagher, who heads the China committee, said the Commerce Department should end all technology exports to Huawei and SMIC.<\/p>\n<p>Huawei recently started selling a phone called the Mate 60 Pro. The phone contains a chip that analysts believe was made with a technology breakthrough by SMIC.<\/p>\n<p>Huawei was placed on a trade blacklist in May 2019 over national security concerns, forcing its U.S. suppliers and others to obtain a special license to ship goods to it. SMIC was added to the so-called entity list in December 2020 over fears it could divert advanced technology to military users.<\/p>\n<p>Suppliers to Huawei and SMIC have received billions of dollars&#8217; worth of licenses to sell U.S. technology to the companies despite their being on the trade lists, Reuters has previously reported. About 90% of the licenses were for sales to SMIC.<\/p>\n<p>The House letter asked Commerce to &#8220;revoke all existing licenses for SMIC and Huawei.&#8221;<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/stock-market-news\/house-republican-lawmakers-urge-us-crackdown-on-huawei-smic-3174904\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>2\/2 \u00a9 Reuters. FILE PHOTO: A Chinese flag flutters near a Huawei store in Shanghai, China September 8, 2023. REUTERS\/Aly Song 2\/2 By David Shepardson WASHINGTON (Reuters) -A group of senior U.S. House Republicans on Thursday urged the Biden administration to crack down on Huawei and China&#8217;s top semiconductor firm Semiconductor Manufacturing International Corp (SMIC) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":61108,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-61107","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>House Republican lawmakers urge US crackdown on Huawei, SMIC | iFintechWorld<\/title>\n<meta name=\"description\" content=\"2\/2 \u00a9 Reuters. 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