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UK supplier to Apple hit by US blacklisting of Chinese partner

January 9, 2022
Source: dnyuz.com dnyuz.com
News Snapshot:
A British company building health sensors for next-generation Apple smartwatches has been hit by the blacklisting of its Chinese business partner over links to the People’s Liberation Army. Rockley Photonics has been forced to call off a sale of its communications division to a Chinese joint venture it runs with cable manufacturer Hengtong after the US Commerce Department added the Chinese company to its “entity list” in December. In December, Hengtong – which is also a major investor in Rockley – was added to the list “for acquiring and attempting to acquire US-origin items in support of military modernisation for...
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Tags: agreement | Andrew | Apple | Apple Watch | army | Aviation | Britain | Business | cable | China | Chinese | communications | finance | Internet | investment | joint venture | manufacturer | medicine | military | New York | PLA | Railroad | supplier | technology | United Kingdom

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