VI News Staff 1 year ago
VINStaff Verified #usnews

US Adds Dozens of Chinese Entities to Export Restrictions List, Including Inspur Units

The U.S. added six subsidiaries of Inspur Group, China's leading cloud computing and big data service provider, and dozens of other Chinese entities to its export restriction list on Tuesday.

The Inspur units were listed for contributing to the development of supercomputers for the Chinese military, the Commerce Department said in a posting. Five of the subsidiaries are based in China and one in Taiwan. Inspur Group itself was placed on the list in 2023.

The Inspur units are among about 80 companies and institutes added to the export control list on Tuesday. Over 50 are based in China. Others are in Taiwan, Iran, Pakistan, South Africa and the United Arab Emirates.

The listings are intended to restrict China's ability to develop high-performance computing capabilities, quantum technologies and advanced AI, and impede China’s development of its hypersonic weapons program.

"We will not allow adversaries to exploit American technology to bolster their own militaries and threaten American lives," said Commerce Secretary Howard Lutnick.


READ MORE:

U.S. VIRGIN ISLANDS WEATHER

Republic Bank resolves ‘technical issue’ affecting timely debiting of...

VI News Staff
1 year ago

Seaborne Sold for $1.425M, Operations to Continue Post-Bankruptcy

VI News Staff
9 months ago

Agreement Between CARPHA And CROSQ Signed For Caribbean-Wide Hospitali...

VI News Staff
4 years ago

42 Haitian migrants detained after illegal landing in Portland, Jamaic...

VI News Staff
11 months ago

'Today for Me, Tomorrow For You': Police Commander Says Community Not...

VI News Staff
4 years ago