As the United States steps up its campaign to block China from acquiring key technological know-how, the winding journey of a pioneering Silicon ...
As the United States steps up its campaign to block China from acquiring key technological know-how, the winding journey of a pioneering Silicon Valley computer chip firm is showing just how tough a task that can be.
Today, CIP controls full MIPS licensing rights for all new and existing customers in China, Hong Kong and Macau, as well as the ability to develop new derivative technologies based on the MIPS architecture, according to four people with knowledge of the situation. The MIPS license promises to provide"core technology" that will help China"implement the ambitious goal of Made in China 2025," the presentation stated, referring to a government program to achieve self-sufficiency in strategic industries.
The Committee on Foreign Investment in the United States , a U.S. interagency panel led by the Treasury Department, reviews proposed transactions to ensure they do not harm national security. But licensing deals are not typically subject to CFIUS review and considered legal as long as they aren't designed to skirt regulations and comply with U.S. export control laws, which regulate the shipment of strategically sensitive goods.
The agreement with CIP in China, however, remains in place, with numerous Chinese companies - including telecoms giant Huawei Technologies Co Ltd – licensing the MIPS technology from CIP, according to a former CIP engineer. Huawei has faced U.S. accusations of pilfering tech secrets and using its own gear to help the Chinese government’s spy network. Huawei has denied these allegations. Huawei confirmed to Reuters that it is a royalty paying customer, but declined to elaborate further.
Acquiring MIPS would have subject the transaction to a review by CFIUS. The deal was ultimately made contingent on completing a reorganization “to separate MIPS from the remainder of the group,” according to an Imagination press release dated September 22, 2017 announcing the MIPS sale.
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