The Holding Foreign Companies Accountable Act (HFCAA) was passed by the US Senate in 2020 to address the issue of Chinese companies not complying with US auditing standards. The law requires companies to disclose whether they are owned or controlled by a foreign government and to allow US regulators to review their financial audits. If […]
The United States has imposed sanctions on several Chinese companies over alleged human rights abuses
The US government accused the companies of being involved in human rights violations, including forced labor, arbitrary detention, and torture. The sanctions will freeze any US-based assets the companies have, as well as prevent American individuals and companies from doing business with them. The sanctioned companies include several firms that manufacture solar panels and semiconductors, […]
Chinese drone maker DJI’s drone tracking system, Aeroscope, has been found to send unencrypted signals
Researchers at Synacktiv found that the Aeroscope sends data in plain text, making it easy for hackers or anyone with access to the network to intercept and view the information. DJI has responded to the findings, stating that Aeroscope was never designed to be a security solution, and that it is the responsibility of the […]
China Pours Billions Into Developing Domestic Semiconductor Industry
China has long been reliant on foreign suppliers for the vast majority of its semiconductor needs, but its rapidly growing economy and increasing tech ambitions have made it clear that it needs to develop its own semiconductor capabilities to remain competitive on the global stage. To achieve this, China has been investing heavily in the […]
US blacklists dozens of Chinese tech firms
The blacklisted firms include DJI, the world’s largest drone maker, and Sugon, a major supercomputer manufacturer. The move is part of the ongoing trade tensions between the US and China, which have been intensified by the Biden administration’s focus on national security issues. The US Department of Commerce said that the companies had been added […]
US Bans Chinese Telecom Devices Citing National Security Concerns
This move comes amid ongoing tensions between the US and China over technology and trade issues. The US government has long been concerned about the security risks posed by Chinese telecom companies, including Huawei and ZTE, which it claims have close ties to the Chinese government. The ban prohibits US companies from exporting telecom devices, […]
Japan and China Implement Chip Export Restrictions, Raising Global Concerns
Japan’s government announced new regulations in February 2023 that require companies to obtain government approval before exporting certain semiconductor manufacturing equipment to China. The decision came after concerns were raised that some of this equipment was being used to develop China’s military technology. In response, China implemented new regulations in March 2023 that require companies […]
EU plans multi-billion euro boost for chip production, aiming for more independence from China
The move comes as the global semiconductor industry has been facing significant supply chain disruptions due to the Covid-19 pandemic and the ongoing trade tensions between the US and China. This has highlighted the need for countries to have their own domestic chip production capabilities to ensure uninterrupted supply chains. The EU’s plan, which is […]
China falling behind in the global AI chatbot race due to lack of focus and investment, says researcher
The report notes that Chinese chatbots are often criticized for lacking creativity and personality, and having difficulty understanding complex queries and delivering nuanced responses. This has hindered their adoption and market success, particularly compared to chatbots developed in the US and Japan. The report suggests that China’s lack of success in the chatbot market can […]
Australia and Philippines Consider Joint South China Sea Patrols
The proposal was made during a virtual meeting between Australian Defence Minister Peter Dutton and his Filipino counterpart, Delfin Lorenzana, on February 23, 2023. According to a statement released by the Australian Department of Defence, the two sides discussed “enhanced defence cooperation,” including the possibility of joint exercises and training, as well as increased intelligence […]