Australia  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

After Huawei, U.S. may blacklist more China tech

Video Credit: Reuters - Politics - Duration: 01:41s - Published < > Embed
After Huawei, U.S. may blacklist more China tech

After Huawei, U.S. may blacklist more China tech

The Trump administration is considering Huawei-like sanctions on Chinese video surveillance firm Hikvision, media reports show, deepening worries that trade friction between the world's top two economies could be further inflamed.

Ed Giles reports.

0
shares
ShareTweetSavePostSend
 

After Huawei, U.S. may blacklist more China tech

Just days after the U.S. announced its ban on China's Huawei and other telecoms firms over national security worries, the Trump administration may be set to make a move on another Chinese tech company.

The New York Times reported on Tuesday (May 21) that video surveillance firm Hikvision could be hit with restrictions, too, limiting its ability to buy U.S. technology and deal with American companies.

Hikvision calls itself the world's biggest maker of video surveillance gear.

It's cameras are used in public places across China and its market value is more than $37 billion.

Hikvision hit back on Wednesday (May 22) saying if the U.S. stops selling the company chips it will just buy them from Chinese suppliers.

Beijing also responded, urging Washington to provide a fair environment for Chinese firms. The Trump administration put Huawei on a trade blacklist last week banning it from buying U.S. goods.

And a temporary stay announced by Washington, allowing Huawei to buy products until mid-August, didn't stop fallout over the ban spreading around Asia.

One industry analyst says the blacklisting of Huawei could have a lasting effect on the world's second-biggest smartphone maker as companies like Google, say they're suspending services to its devices.

(SOUNDBITE) (English) TECH GUIDE EDITOR AND PUBLISHER STEPHEN FENECH, SAYING: "It's like having a car that you can't put petrol in.

This updated software, they won't receive anymore, so Google decide tomorrow to launch a brand new operating system, Huawei devices will be stuck in the past, they won't be able have those updates." And on the ground some Huawei users were starting to have second thoughts about their handset loyalties - many dumping Huawei devices online.




You Might Like


Recent related videos from verified sources

Huawei Slashes Revenue Expectations [Video]Huawei Slashes Revenue Expectations

Business Insider reports that China's Huawei Technologies Co Ltd has taken a harder-than-expected hit from a US ban. The company's founder and CEO Ren Zhengfei slashed revenue expectations for the..

Credit: Wochit     Duration: 00:37Published

Huawei says American ban to cost $30 billion [Video]Huawei says American ban to cost $30 billion

Shenzhen, China (CNN Business)The founder and CEO of Chinese tech giant Huawei said the company will miss revenue forecasts by about $30 billion over the next couple of years and he blamed a US..

Credit: Rumble     Duration: 00:52Published

Huawei Says American Ban To Cost $30 Billion [Video]Huawei Says American Ban To Cost $30 Billion

Shenzhen, China (CNN Business)The founder and CEO of Chinese tech giant Huawei said the company will miss revenue forecasts by about $30 billion over the next couple of years and he blamed a US..

Credit: Wochit     Duration: 00:52Published

White House will meet deadline on Huawei ban [Video]White House will meet deadline on Huawei ban

The White House's budget office tells Congress it will now meet a two-year deadline to ban federal contracts with companies that do business with Chinese telecom giant Huawei, part of a defense law..

Credit: Reuters - Business (Amazon FireT     Duration: 01:34Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.