The reported restrictions, which have not been publicly announced by the Chinese government, raise concerns that Apple’s products could get caught up in international tensions between the U.S. and China.
he sold his stake in Apple and is now shorting the company, citing the possibility of a government iPhone ban and increased competition from Huawei.Last week, several Chinese retailers started taking orders for a new Huawei phone, the Mate 60 Pro, which quickly became a hot topic on social media in the country.
Huawei was placed on the U.S. entity list in 2019 over fears that its technology could give the Chinese government backdoor access to communications. The move requires U.S. companies like Google and Qualcomm to get permission from the U.S. government before supplying Huawei.
"From my perspective, what it tells us is that the United States should continue on its course of a 'small yard, high fence' set of technology restrictions focused narrowly on national security concerns, not on the broader question of commercial decoupling," Jake Sullivan, U.S. national security advisor, said Tuesday in a briefing.
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