HUAWEI LAUNCHES OPERATING SYSTEM ‘HARMONYOS 2’ FOR SMARTPHONES

Highlights –

• Huawei launches operating system ‘HarmonyOS 2’ for smartphones.
• HarmonyOS is an open-source operating system designed for various devices and scenarios.
• With the launch of the new OS, it will no longer be whol...

US SANCTIONS: THE REASON BEHIND GLOBAL CHIP SUPPLY CRUNCH SAYS HUAWEI

Highlights

• Huawei Technologies has said that the sanctions imposed by the US against Chinese companies have caused panic in purchasing of semiconductors and other supplies

• Xu said “Clearly the unwarranted U.S. sanctions against Huawei and other companies ar...

US SANCTIONS 24 CHINESE AND HONG KONG OFFICIALS OVER HUMAN RIGHTS VIOLATION

Highlights

• These sanctions are imposed at a time when two officials of Biden administration are set to meet Chinese officials

• The State Department said foreign financial institutions that deal with the 24 officials would be subject to the US sanctions

&...

IMPACT OF US SANCTIONS CLEARLY VISIBLE AS HUAWEI LOSES TOP SPOT IN CHINA'S SMARTPHONE MARKET

Highlights

• As per Counterpoint Research, Huawei lost the number one spot in China’s smartphone market in the month of January 2021

• Huawei’s spot was taken over by its rival Oppo for the first time, while the second spot is being held by Vivo

MOSCOW WILL RESPOND TO NEWLY IMPOSED US SANCTIONS: RUSSIAN FOREIGN MINISTER LAVROV

Highlights

• The United States recently sanctioned five companies in China and Russia over the claims that they were promoting Iran’s missile program

• Lavrov said “The United States has long been pursuing a hostile policy towards our country.”

HUAWEI TO SELL HONOR IN ORDER TO SAFEGUARD ITSELF FROM U.S. SANCTIONS

Highlights

• Primary motive of this move is to revive Honor by separating it from Huawei's network equipment and other businesses, that are facing sanctions from the U.S.

• The U.S. has been accusing Chinese tech giant of being a threat to the country and has pro...

SOUTH KOREAN CHIPMAKERS WITNESS BUSY SEASONS AMIDST US SANCTIONS ON SMIC

• South Korea's chipmakers couldn’t be a happier lot as they stand to gain the maximum from the United States' export restrictions against China's leading foundry firm, Semiconductor Manufacturing International Corporation (SMIC), analysts here said Saturday.
• Th...

CHINA INVESTING COPIOUS SUMS IN PROJECTS FOR SELF-RELIANCE AMIDST US ROADBLOCK

• China to pour hundreds of billions of Yuan into key industry projects, with no real need to cover up its ambitions.
• Manufacturing and technology projects looking crucial to China’s economy are getting a boost under President Xi Jinping’s new strategy of self-relianc...

CARRIE LAM SAYS THE US SANCTIONS WILL BE PROBLEMATIC BUT WILL NOT FEAR FOR REPERCUSSIONS

HIGHLIGHTS

• Hong Kong leader Carrie Lam felt proud to be supported by the Beijing government in carrying out the new sweeping legislation in the financial hub despite the US trade sanctions on her and her colleague.

Carrie lam told the Chinese s...

US SENATE PASSED THE HONG KONG AUTONOMY ACT, SPONSORED BY BOTH A DEMOCRAT AND A REPUBLICAN

Highlights: 

• The Bill was passed last week
• Republicans wanted some technical rectifications in the bill which has caused a delay

The US has been vocal about its dislike of what China is trying to do in Hong Kong. Hong Kong remains an important l...

US LOOKING AT IMPOSING TARGETED SANCTIONS ON CHINA

Highlights:

• With Hong Kong no longer autonomous, the US looking at punishing China
• The special status that Hong Kong enjoyed with the US will no longer hold
• Hong Kong goods might have to pay the same tariffs as the Chinese

The US-China rel...

KOREA EXPORTING SAFETY GEAR TO IRAN WITHOUT FEAR OF US EMBARGO

• United States has put trade sanctions between Iran and Korea which are prohibitive.
• Korea and Iran can enter into a trade sanction by allowing the deal to be carried through with transaction dealt over wire transfer.

United States has put a trade embargo on Ir...

“IRAN KILLED VARDANJANI”: US

Highlights: 

• The US accuses Iran of plotting the murder of its ex-intelligence cadre
• Iran refutes the charges in strong words 

The story dates back to much before 2019. Masoud Molavi Vardanjani was an Iranian intelligence operative. He late...