“When you start cutting the profits that can be poured into R&D, many of which come from the huge Chinese market, you really undermine our ability to lead the spearhead of semi-innovation. leads, ”said Mr. Neuffer.
Daniel H. Rosen, a founding partner of Rhodium Group, said: “The sense of urgency in recent years has led our management to make decisions without consulting industry thinking,” said Daniel. H. Rosen, a founding partner of Rhodium Group. “We will not serve US interests if we do not consider commercial interests and national security interests at the same time.”
The Biden administration fell into a political minefield around the office. During a confirmation hearing in January, Gina Raimondo, the new Secretary of Commerce, received criticism from Republicans when she refused to commit to keeping Huawei on the office’s entity list. Later, Ms. Raimondo said that she would use the list of entities “with its full potency”, and that Huawei and ZTE should be on the list.
With Ms. Raimondo sworn in this month, the Biden administration is looking at candidates to lead the Industry and Security Bureau. It has become a controversial process, a sort of proxy battle between commercial advisers, industry groups, and lawmakers on both sides for the future of US technology strategy.
An early candidate, Kevin Wolf, a partner in the international trade group at law firm Akin Gump, has encountered resistance from some pro-China sellers in Washington over the relationship in the industry. his. Mr. Wolf, who previously served as the office’s assistant secretary, has enacted sanctions against ZTE. He always argued that ambiguous and unpredictable restrictions could backfire, “damaging the very interests they were designed to protect.”
But critics have found bugs in his work on behalf of the industry since leaving government, including advising clients on what is allowed under Mr. Trump’s regulations and trying to obtain a license to his customers supply products to Huawei and SMIC
Wolf said he was merely helping companies understand the new regulations, as other export control lawyers do, and that the Trump administration was responsible for creating a new process for licensing firms. Supplying products to listed entities.