On June 3, 2021, President Biden issued a new executive order (E.O.), “Addressing the Threat from Securities Investments that Finance Certain Companies of the People’s Republic of.
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Foley Hoag LLP
Sales of your software are robust around the globe. You have a network of third-party resellers, distributors or implementation partners that are driving international growth.
Baker Botts
In a first of its kind, on April 29, the U.S. Department of Justice announced1 the entry into a Non-Prosecution Agreement.
Arnold & Porter
The US government is increasingly prioritizing trade enforcement of the tech industry s global data services. This is reflected in SAP SE s global resolution.
K2 Integrity
As virtual assets explode in value, use, and popularity, governments around the world are taking notice, increasing sanctions-related scrutiny of companies.
Outside of the Pixel “a” series of phones, Google has been a bit lost when it comes to its flagship handsets over the past few years. By many accounts the Pixel 4 and 4 XL were a flop, forcing Google to pivot into the mid-range market with the Pixel 5. The Pixel 4a 5G is …
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Sunway Microelectronics; and
Tianjin Phytium Information Technology.
Because of these designations, exports and transfers of most items with significant U.S. content to these Chinese firms will now require a BIS export license under the U.S. Export Administration Regulations (“EAR”). In its April 8 announcement, BIS also said that it will consider any export license applications for these entities with a presumption of denial.
According to the BIS announcement, the seven listed firms supply China’s military with technology that can be used in the development of weapons of mass destruction and hypersonic weapons. The Biden Administration believes that some of that work may depend on the use of advanced semiconductors designed or made with U.S. origin software or other technology. However, much of that semiconductor fabrication takes place at a leading third country semiconductor foundry. The effectiveness of these new Entity List sanctions will then largely depend on