The consequences of the sanctions will be "terrible": China threatened Samsung, Intel and Microsoft

Chinese authorities warn foreign companies about the consequences of implementing the bans


What happened

Informed sources report thatThis week, the Chinese government held a closed meeting with company representatives. Employees from Intel, Qualcomm, ARM Holdings PLC, SK Hynix, Microsoft, Samsung Electronics, Dell Technologies, Nokia Corp. were invited here.

At this meeting, government officials toldabout the “dire” consequences for companies that choose to follow the ban. Let us remind you that the United States added Huawei and its subsidiaries to the “black list” and prohibited American manufacturers from supplying parts, components and technologies to Chinese partners.

The meeting with foreign companies took place astimes after China announced it was creating its own “black list”, which would include “untrustworthy subjects.” This was the administration of President Donald Trump's response to the introduction of sanctions against Huawei and other companies.

Representatives of Samsung, Microsoft, ARM and Dell have so far declined to comment on this meeting.