By Michael Martina, David Shepardson and Karen Freifeld WASHINGTON (Reuters) - The U.S. Defense Department said Monday it had added Chinese tech giants including gaming and social media leader Tencent Holdings and battery maker CATL to a list of firms it says work with China's military.
The U.S. Defense Department has updated its list of Chinese companies allegedly linked to the People's Liberation Army (PLA). The most notable new names on the list are memory maker Changxin Memory Technologies (CXMT), battery maker CATL, and cloud and gaming giant Tencent, reports Nikkei.
Chinese general-purpose robotics firm Fourier has raised a new investment to bring the overall funding in its Series E round to almost 800 million yuan ($109.1 million) with support from investors including Prosperity7 Ventures.
The Defense Department has added dozens of Chinese firms to a list of companies that are prohibited from working with the Pentagon and defense industry due to their alleged ties with China’s
WASHINGTON (Reuters) -- The U.S. Defense Department said Monday it had added Chinese tech giants including gaming and social media leader Tencent Holdings and battery maker CATL to a list of firms it says work with China's military.
CATL, the Chinese EV battery maker, said it was "not engaged in any military-related activities." CATL supplies Tesla, run by Trump ally Elon Musk. U.S. lawmakers had pushed the Pentagon throughout 2024 to add certain Chinese companies, including CATL, to the list.
While the Chinese internet giant Tencent is best known for its super app WeChat, it’s also a major investor in U.S. tech companies and startups. Some of its most notable and still active ...
Tencent and CATL are planning legal action to challenge being placed on a Pentagon list as “Chinese military companies”, if talks with the US defence department fail to get their new designations dropped.