US FCC to Vote on Rule Restricting Chinese Lab Testing

MT Newswires Live
01 May

The US Federal Communications Commission is set to vote on a rule that would restrict laboratories from testing equipment in the US if they are owned by entities that pose national security risks, including those belonging to China, FCC Chairman Brendan Carr said in a Wednesday statement.

Carr said the current regulations have certain loopholes because Huawei, among those slapped with restrictions in 2022, is still allowed to operate its testing lab in the US until a year earlier.

New equipment from Huawei, as well as from ZTE (HKG:0763, SHE:000063), were included in the FCC's "covered list" in 2022.

The voting will be held on May 22, according to a Reuters report.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10