Twenty advocacy groups from the US, Europe, Latin America and elsewhere signed a statement on Wednesday urging regulators to be wary of Google’s bid for fitness tracker company Fitbit.
The Trump administration has fired multiple salvos against Huawei since the start of a campaign to derail China’s technological ascendancy. The latest blow threatens to cripple the country’s tech champion.
The de facto leader of Samsung Group, Jay Y Lee, appeared before a Korean court on Monday, awaiting a ruling on whether new allegations will send him back to jail.
Huawei has asked Samsung Electronics and SK Hynix for a stable memory chip supply despite apparently mounting pressure from the US to isolate the Chinese telecommunications company.
The latest US government action against Huawei takes direct aim the company’s HiSilicon chip division – a business that in a few short years has become central to China’s ambitions in semiconductor technology.
Samsung Electronics has begun building a cutting-edge chip production line intended to help it take on TSMC and Intel in the business of making silicon for external clients.
Ever since Donald Trump fired the first shot in the US trade war with China, one technology company has been sitting in the middle, trying to avoid the crossfire.
Jay Y Lee, the billionaire scion of Samsung Group, issued a personal apology for his company’s role in a scandal over succession that rocked South Korea and promised not to hand down leadership to his children.