CXMT Sues Pentagon over Inclusion on List of Companies Tied to China’s Military
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7 Articles
CXMT sues Pentagon over inclusion on list of companies tied to China’s military
Aug 28 (Reuters) - Chinese memory chipmaker CXMT has sued the Pentagon over its inclusion on a U.S. list of companies backed by the Chinese military, a court filing showed on Friday. (Reporting by Christian Martinez; Editing by Cai...
CXMT, one of China’s leading DRAM manufacturers, sued the U.S. Department of Defense after being reinstated on the 1260H list, a designation that restricts business with U.S. military agencies and contractors. The case adds to a growing judicial offensive by Chinese technology companies and arrives as the company accelerates its expansion, following an IPA whose debut triggered its actions around 466%.
CXMT sues Pentagon over inclusion on list of companies tied to China's military
Chinese memory chipmaker CXMT has sued the Pentagon over its inclusion on a U.S. list of companies backed by the Chinese military, a court filing showed on Friday. (Reporting by Christian Martinez; Editing by Caitlin Webber)
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Cryptocurrency News | Cryptocurrency Prices | Market CapCXMT sues Pentagon over inclusion on US military-backed companies list
CXMT's lawsuit against the Pentagon highlights growing tensions in US-China tech relations, potentially impacting global semiconductor markets. The post CXMT sues Pentagon over inclusion on US military-backed companies list appeared first on Crypto Briefing.
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