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In 2019, the U.S. Congress passed the Secure and Trusted Communications Networks Act, formally launching the "Rip and Replace" program to systematically remove Huawei, ZTE, and other Chinese-made telecommunications equipment from American networks. In 2021, Congress appropriated $1.9 billi...
Wednesday 24 June, 2026
VIEW MOREOn June 18, 2026, Renesas Electronics officially announced that its subsidiary has completed the acquisition of Pictorus, a U.S. software developer based in Oakland, California. Pictorus was founded by a team of engineers with decades of experience in automotive software development, specializing in...
Tuesday 23 June, 2026
VIEW MOREThe U.S. BIS recently announced that Robert Bosch, the German automotive parts giant, has agreed to pay a civil penalty of approximately $36.1847 million and forfeit over $11.43 million in related pre-tax profits to resolve allegations of illegally exporting controlled products to Huawei. The U.S. D...
Monday 22 June, 2026
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