• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Sophgo to Face Blacklist: Implications for Chinese Tech

user avatar

by Giorgi Kostiuk

a year ago


The US government is preparing to place the Chinese company Sophgo on a blacklist due to its involvement in a chip scandal related to Huawei. This decision may severely impact Chinese tech companies.

Sophgo's connection to Huawei

Sophgo allegedly provided a key AI chip for Huawei’s Ascend 910B processor. The chip was manufactured by TSMC and its order was surrounded by suspicious circumstances. Following the blacklist proposal, the company faces the risk of losing access to critical US technologies.

Investigation and its consequences

The scandal began when researchers discovered that the Ascend 910B chip shares a design with a chip ordered by Sophgo from TSMC. This triggered TSMC's decision to halt shipments to Sophgo. The US has banned the export of advanced chips to China without licenses, yet evidence suggests that Huawei and Sophgo continue to work together.

Crypto links and China's AI ambitions

Sophgo's issues are linked not just to Huawei but also to Bitmain, a Bitcoin mining powerhouse founded by Micree Zhan. The use of Bitmain's corporate emails by Sophgo raises further concerns. Meanwhile, Huawei plans to mass-produce a new AI chip, the Ascend 910C.

The situation with Sophgo and its link with Huawei highlights the tension in US-China relations. These events could influence the future of Chinese technology and its access to global markets.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Myanmar Escalates Crackdown on Crypto Scammers with Execution

chest

Myanmar escalates its crackdown on cryptocurrency scams by reportedly executing individuals involved in fraudulent activities.

user avatarKenji Takahashi

Bitcoin Depot's Leadership Change Amid Financial Struggles

chest

Bitcoin Depot has replaced its CEO as it faces declining revenue and increasing legal pressures.

user avatarMaria Fernandez

South Korea to Introduce New Regulations for Tokenized Securities in July

chest

South Korea is set to introduce new regulations for tokenized securities in July, enhancing investor confidence and promoting the growth of the crypto market.

user avatarMiguel Rodriguez

International Crackdown on Southeast Asia's Online Scams

chest

International law enforcement agencies have arrested over 200 individuals and shut down nine scam centers in Southeast Asia to combat the growing threat of online scams.

user avatarRajesh Kumar

Myanmar Introduces Severe Penalties for Digital Currency Fraud

chest

Myanmar's military government has introduced a severe Anti-Online Fraud Bill targeting digital currency fraud, proposing severe penalties including prison sentences and the death penalty for serious offenses.

user avatarGustavo Mendoza

XRP Faces Price Retracement Amid Market Analysis

chest

XRP is experiencing a significant price retracement after being rejected at 155, with analysts discussing its potential to maintain an important support level.

user avatarLuis Flores

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.