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US Bans Exports To Chinese DRAM Maker Citing National Security Risk (zdnet.com)
An anonymous reader quotes a report from ZDNet: The Trump administration on Monday announced it was banning U.S. exports to a Chinese semiconductor firm named Fujian Jinhua Integrated Circuit Company, citing national security concerns. In a statement released by the U.S. Department of Commerce (DoC), officials said the Chinese chipmaker posed "a significant risk of being or becoming involved, in activities contrary to the national security or foreign policy interests of the United States." DoC officials are now barring US companies from selling any products to Fujian Jinhua, which was recently nearing completion of a new dynamic random access memory (DRAM) factory project. "When a foreign company engages in activity contrary to our national security interests, we will take strong action to protect our national security. Placing Jinhua on the Entity List will limit its ability to threaten the supply chain for essential components in our military systems," said Wilbur Ross, Secretary of Commerce.
They are involved in IP theft. https://www.nytimes.com/2018/0...
All rather rich coming from Wilber Ross former vice chair of the bank of cypress.
"Jinhua is nearing completion of substantial production capacity for dynamic random access memory (DRAM) integrated circuits. The additional production, in light of the likely U.S.-origin technology, threatens the long term economic viability of U.S. suppliers of these essential components of U.S. military systems."
If competition is now a national security issue what isn't? Is there any limit to what controls designed to prevent export of Nuclear and military technology be used for? I understand the Micron drama but it's an abuse to misuse export controls in this way for revenge.
Ever since Trump declared Canada to be a threat to national security, it's really hard to take these declarations seriously.
I wonder what deal is he trying to wrangle from the company. Maybe he needs more investments in his golf courses and hotels.
So will China
China are clearly IP thieves, have been for some while, and are working against the west with no idea or desire of how to play fair. There is no international law in place of preventing this either, and at this point, it's unlikely there will be either. This is pretty much immutable at this point. So what are your plans for stopping this? No, I'm not an American (thank fuck, thanks for ruining it for the rest of us), and find Trump abhorrent in general, but I do find this his 'even a stopped clock is right once a day' moment.
They, and the communist party, can bare it.
An elected official? (And with term limits) Not so much.
So will China
China knows Trump will be out by 2024 at the latest. Perhaps as soon as 2020, if everything at Walmart ends up with jacked up prices. Trump's support base aren't exactly the kind of people who enjoy spending more money for things (otherwise they wouldn't be so afraid of the socialism boogeyman).
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DRM is like antifreeze, to the MPAA/RIAA it's sweet, to the consumers it's poison.
China are clearly IP thieves, have been for some while, and are working against the west with no idea or desire of how to play fair.
Is turnabout fair play? "Why America was the China of the 19th century."
* https://foreignpolicy.com/2012/12/06/we-were-pirates-too/
China is a communist country first and foremost. Youâ(TM)re forgetting this in most of your arguments.
Chinaâ(TM)s government manipulates the international markets to enable them to eventually collapse the whole thing. If China is able to manufacture and produce everything needed without concern for money, they can effectively cut off the rest of the world. They have taken over market segment by market segment and made it so nearly everything from tooth brushes to airplanes cannot be manufactured without them providing at least some of the critical components. Go ahead and try to build an F-35 without buying epoxy for circuit boards from China. Try to run the oil economy without components from China.
Within 5-10 years, China will be the only self sufficient industrialized nation in the world. They actively collect recyclable waste from every country in the world. As such, they have some of the richest stockpiles of natural resources anywhere and in quantity. Hell, they practically own the entire rare earth minerals market.
By pumping Chinese money enmass into the western economies, they provide greater means for Westerners to depend more on China for bare survival. Letâ(TM)s be honest, why horde the money if you can use it to devalue the currency internationally as well as cause devestating international inflation.
Within 5-10 years, China should be able to implement a token or credit based national income with no dependence outside of China. They can financially seal their borders and deny necessities of life to any country that refuses to either become part of China or that impedes their interests in taking over Taiwan, Singapore, Malaysia, etc...
Why do people constantly forget that the agenda of China is not capitalism. Itâ(TM)s communism. Watch pretty much every governmental program in China and ask yourself âoeHow can this help further the communist interest?â
Now that Bloomberg article makes sense: it was supposed to set the stage for this. The doubt thrown on it has made them walk back the rhetoric, so the 'national security' verbiage doesn't make so much sense any more. That said, aside from some novel rowhammer-style attack (was that ever fixed?), I can't see DRAM being a security problem. Reliability, yes, but not security.
In any case, the military will add it to their 'will not buy' list, just like other Chinese/Russian tech. Trying to impede the completion of the factory is unnecessary unless they think it'll produce relabeled counterfeits. Presumably, Chinese-made NAND isn't a problem? The NAND fab they're about to open is going to have 50% larger production than the world's current-largest NAND company, and that's going to cause prices to plummet fast.
Corruption is convincing someone that the selfless ideal is the same as their selfish ideal.
China has been exporting deflation to other countries by keeping prices low you idiot.
No Comma Faggot, is that you?!
You don't really understand the whole 'currency thing,' do you? The Chinese need to keep the value of their currency down if they want to keep their prices low (i.e stay competitive), not the other way around.
1 gallon of milk has always cost about the same as 1 gallon of gasoline.
Food in the US is cheap.
Medications are an indication of price gouging made possible by requiring everyone get "insurance".
That distorts the supply and demand curve, much in the way easy to get loans inflate college tuition prices.
Not to mention this jerk who milked it as much as he could.
Rents are going a little crazy in several cities, but only due to the number of people relocating to an area. Prices are quick to rise and slow to fall. Your best bet for rents is to have a generic job that can be done anywhere and move to a location that isn't in demand. Don't get attached to an area if it isn't affordable to you, be pragmatic. You can move back if you like once finances are fixed (i.e. owning multiple rentals in a cheaper city).
The cheapest car I've ever purchased was $800. It drove on the road for a couple years too.
This 3BR/2BA property is available as a rent-to-own for $395/month - within commute distance to Oklahoma City.
527 W College Avenue
Seminole, OK 74868
Work smarter, not harder.
You could replace "China" with "The United States" in your comment above and you would be absolutely spot-on about the early days of the US, as they blatantly broke British copyright laws, printed books cheaply without paying royalties and such.
Somehow, it seems emerging powers, if large enough, routinely take that route.
Assorted stuff I do sometimes: Lemuria.org
China are as much IP thieves as anybody who ever broke a copyright law. Their idea of the time of copyright is 0 years instead of eternity and more for the US.
Just like the US used to do in the past.
And as there was no risk to national security, he was not right to call that in to block it. That means the blocking of the company is not right.
Just because you shot a convicted terrorist by accident does not mean it isn't manslaughter and wrong. BOTH parties can be wrong.
Don't fight for your country, if your country does not fight for you.
Don't forget Canada have submarines to blast the US from behind! https://www.theglobeandmail.co...
Mute? The Chinese enacted counter sanctions on all their major US import products. Which include agricultural produce and airplanes and airplane parts. They also tried to negotiate with the US, but since each negotiator the US has sent them so far sings a different tune, they have realized it is better to just wait until the US has its mid-term elections until they try again.