"Raimondo Urges 'Different Tools' in Response to Huawei Chip"
TL;DR
US Commerce Secretary Gina Raimondo expressed concern over reports of a chip breakthrough by Huawei Technologies, emphasizing the need for additional tools and resources to enforce export-control regulations. Raimondo mentioned a stalled legislative proposal and an alternative framework to mitigate risk in the tech supply chain. She declined to comment on the progress of the Commerce Department's probe into a new Huawei smartphone powered by an advanced 7-nanometer chip. Raimondo faced political pressure to tighten controls on China's technological advancement while the administration seeks to improve ties with Beijing.
Topics:businesstechnology#chip-breakthrough#export-control-regime#huawei#national-security-risks#technology#technology-transactions
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