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SHANGHAI (Reuters) – Chinese chipmaker Fujian Jinhua Integrated Circuit Co Ltd said on Friday it has notified the Unites States that it plans to file a complaint to be taken off the export control list, according to a statement on social media.
The firm added that it does not pose any security risk to the United States.
Earlier this month, the company said it had pleaded not guilty to U.S government charges that it stole trade secrets.
The U.S Justice Department had last year launched an indictment against Fujian Jinhua and United Microelectronics Corp (2303.TW), alleging they attempted to steal trade secrets from memory chip maker Micron Technology Inc (MU.O).
The U.S. Commerce Department had put Fujian Jinhua on a list of entities that cannot buy components, software and technology goods from U.S. firms.
Reporting by Josh Horwitz; Editing by Himani Sarkar
STOCKHOLM (Reuters) – Fast-growing Swedish fintech firm iZettle said on Tuesday it planned to list on the Nasdaq Stockholm stock exchange, with the initial public offering to take place this year.
The company said it planned to list during 2018, “depending on market conditions”, and that the listing application had been approved by the stock exchange.
The firm said it planned to raise around 2 billion crowns ($ 226.17 million) in connection with the initial public offering.
Reporting by Johannes Hellstrom, editing by Helena Soderpalm
WASHINGTON (Reuters) – The Trump administration this week will unveil the list of Chinese imports targeted for U.S. tariffs to punish Beijing over technology transfer policies, a move expected to intensify trade tensions between the world’s two largest economies.
The list of $ 50 billion to $ 60 billion worth of annual imports is expected to target “largely high-technology” products and it may be more than two months before tariffs take effect, administration officials have said.
The U.S. Trade Representative’s office needs to unveil the list of products by Friday under President Donald Trump’s China tariff proclamation signed on March 22.
The tariffs are aimed at forcing changes to Chinese government policies that USTR says results in the “uneconomic” transfer of U.S. intellectual property to Chinese companies.
The agency’s “Section 301” investigation authorizing the tariffs alleges China has systematically sought to misappropriate U.S. intellectual property through joint venture requirements, unfair technology licensing rules, purchases of U.S. technology firms with state funding and outright theft.
China has denied that its laws require technology transfers and has threatened to retaliate against any U.S. tariffs with trade sanctions of its own, with potential targets such as U.S. soybeans, aircraft or heavy equipment.
On Sunday, Beijing slapped extra tariffs of up to 25 percent on 128 U.S. products including frozen pork, as well as wine and certain fruits and nuts in response to steep U.S. tariffs on imports of aluminum and steel announced last month by the Trump administration.
Fears have arisen that the two countries will spiral into a trade war that will crush global growth.
TARGETING ‘MADE IN CHINA 2025’
U.S. technology industry officials said they expected the Trump administration’s list to target products that benefit from Beijing’s “Made in China 2025” program, which aims to upgrade the country’s domestic manufacturing base with more advanced products.
The state-led program targets 10 strategic industries for replacing imports with Chinese-made products: advanced information technology, robotics, aircraft, shipbuilding and marine engineering, advanced rail equipment, new energy vehicles, electrical generation equipment, agricultural machinery, pharmaceuticals and advanced materials.
“Foreign technology acquisition through various means remains a prime focus under Made in China 2025 because China is still catching up in many of the areas prioritized for development,” USTR said in its report justifying the tariffs.
U.S. Trade Representative Robert Lighthizer has said that preserving America’s technological edge is “the future of the U.S. economy.”
Reports that the tariff list may also include consumer goods such as clothing and footwear drew strong protests from U.S. business groups, which argued that it would raise prices for U.S. consumers.
LIMITED TIME FOR TALKS
While there have been contacts between senior members of the Trump administration and their Chinese counterparts since Trump announced his intention to impose tariffs, there has been little evidence of intensive negotiations to forestall them.
“The administration is following the Japan model from the 1980s,” said a tech industry executive. “They’ll publish a Federal Register notice of tariffs on certain products, then try to reach a negotiated settlement over the next 60 days.”During his first stint at USTR in the Reagan administration, Lighthizer employed similar tactics to win voluntary Japanese export restraints on steel and autos.
Wendy Cutler, a former deputy USTR in charge of Asia negotiations, said that addressing the sweeping intellectual property allegations identified by USTR would require major changes to China’s industrial policy. A 60-day settlement may not be realistic in that case.
“I think they’ve set up a high bar for what they need to achieve, in order not to impose these types of tariffs and investment restrictions,” Cutler said.
Reporting by David Lawder; Editing by Peter Cooney
Marcellus has lived on the streets of Philadelphia for more than four years, and he wants you to know that being homeless isn’t easy.
“It’s, like, waking up hungry. Going to sleep hungry,” he says in a new video, as he fiddles with a small piece of blue plastic in his hands. “But this right here — this got me some food. This got me clothes. This got me a shower and all that.”
It’s not just any piece of plastic. Marcellus is holding a Bluetooth-connected beacon — a small component of an app called StreetChange that could transform how passersby help curb homelessness in their cities.
First single from Trent Reznor/ Atticus Ross soundtrack is Karen O cover of Led Zeppelin song.
By Gil Kaufman
<P>You kind of can’t go wrong when the soundtrack you’ve put together for one of the most eagerly anticipated literary adaptations in years kicks off <a href=”/music/artist/yeah_yeah_yeahs/artist.jhtml”>Yeah Yeah Yeahs</a> singer Karen O’s take on <a href=”http://www.mtv.com/music/artist/led_zeppelin/artist.jhtml”>Led Zeppelin</a>’s “Immigrant Song.” </P><P> </P><P></p><div class=”player-placeholder right” title=”The Girl With The Dragon Tattoo” id=”vid:693384″ width=”240″ height=”211″></div><p> </P><P> </P><P>Fans heard the throbbing industrial take on the rock classic cooked up by former Nine Inch Nails mastermind and O when a trailer for the David Fincher-directed “Girl With the Dragon Tattoo” leaked back in May. And on Thursday, Oscar-winning industrial-rocker-turned-film composer Reznor and musical partner Atticus Ross unveiled the full track list for their “Tattoo” score album. </P><P> </P><P>The follow-up to their award-winning “The Social Network” score was a labor of love, according to a <a href=”http://nin.com/?id=102677″ target=”_blank”>post</a> Reznor put up on the NIN site on Thursday announcing the disc. “For the last fourteen months Atticus and I have been hard at work on David Fincher’s ‘The Girl With The Dragon Tattoo,’ ” he wrote about the American version of the tale of pierced and punished hacker <a href=”/news/articles/1655879/rooney-mara-dragon-tattoo.jhtml”>Lisbeth Salander (Rooney Mara)</a> and her muckraking journalist compatriot <a href=”/news/articles/1667542/daniel-craig-rooney-mara-girl-with-the-dragon-tattoo.jhtml”>Mikael Blomkvist (Daniel Craig)</a>. “We laughed, we cried, we lost our minds and in the process made some of the most beautiful and disturbing music of our careers. The result is a sprawling three-hour opus.” </P><P> </P><P>The album will be released on iTunes on December 9 in two versions. Right now, you can download the Karen O song on iTunes when you pre-order the 39-track album. That download purchase will also give you a link to the <a href=”/news/articles/1675297/girl-with-the-dragon-tattoo-trailer-extended.jhtml”>eight-minute “Dragon Tattoo” trailer</a>, for which Reznor and Ross created a unique score. </P><P> </P><P></p><div class=”player-placeholder right” title=”Daniel Craig Talks ‘The Girl With The Dragon Tattoo'” id=”vid:674399″ width=”240″ height=”211″></div><p> </P><P> </P><P>But, if you visit the <a href=”http://www.nullco.com/GDT/usd.php” target=”_blank”>NIN online store</a>, Reznor is offering the soundtrack in a variety of forms, from a free six-track sampler to a deluxe 3,000-piece limited-edition signed $ 300 package with your choice of MP3 formats; the full album on six pieces of 180 gram vinyl; a deluxe book package with a metal cover; an exclusive custom 8 GB metal razor blade USB drive pendant containing the full album; and a fold-out poster. </P><P> </P><P>The full album score track list is as follows: <br> </P><P><b>»</b> “Immigrant Song” (Led Zeppelin cover) [ft. Karen O]<br> </P><P><b>»</b> “She Reminds Me of You”<br> </P><P><b>»</b> “People Lie All the Time”<br> </P><P><b>»</b> “Pinned and Mounted”<br> </P><P><b>»</b> “Perihelion”<br> </P><P><b>»</b> “What If We Could?”<br> </P><P><b>»</b> “With the Flies”<br> </P><P><b>»</b> “Hidden in Snow”<br> </P><P><b>»</b> “A Thousand Details”<br> </P><P><b>»</b> “One Particular Moment”<br> </P><P><b>»</b> “I Can’t Take It Anymore”<br> </P><P><b>»</b> “How Brittle the Bones”<br> </P><P><b>»</b> “Please Take Your Hand Away”<br> </P><P><b>»</b> “Cut Into Pieces”<br> </P><P><b>»</b> “The Splinter”<br> </P><P><b>»</b> “An Itch”<br> </P><P><b>»</b> “Hypomania”<br> </P><P><b>»</b> “Under the Midnight Sun”<br> </P><P><b>»</b> “Aphelion”<br> </P><P><b>»</b> “You’re Here”<br> </P><P><b>»</b> “The Same as the Others”<br> </P><P><b>»</b> “A Pause for Reflection”<br> </P><P><b>»</b> “While Waiting”<br> </P><P><b>»</b> “The Seconds Drag”<br> </P><P><b>»</b> “Later Into the Night”<br> </P><P><b>»</b> “Parallel Timeline With Alternate Outcome”<br> </P><P><b>»</b> “Another Way of Caring”<br> </P><P><b>»</b> “A Viable Construct”<br> </P><P><b>»</b> “Revealed in the Thaw”<br> </P><P><b>»</b> “Millennia”<br> </P><P><b>»</b> “We Could Wait Forever”<br> </P><P><b>»</b> “Oraculum”<br> </P><P><b>»</b> “Great Bird of Prey”<br> </P><P><b>»</b> “The Heretics”<br> </P><P><b>»</b> “A Pair of Doves”<br> </P><P><b>»</b> “Infiltrator”<br> </P><P><b>»</b> “The Sound of Forgetting”<br> </P><P><b>»</b> “Of Secrets”<br> </P><P><b>»</b> “Is Your Love Strong Enough?” (Bryan Ferry cover) </P><P> </P><P><b>Check out everything we’ve got on <a href=”http://www.mtv.com/movies/movie/456914/moviemain.jhtml”>”The Girl with the Dragon Tattoo.”</a> </P><P> </P><P>For breaking news, celebrity columns, humor and more — updated around the clock — visit <a href=”http://moviesblog.mtv.com/”>MTVMoviesBlog.com</a>.</b></p>
- Yeah Yeah Yeahs
- Led Zeppelin