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Sunday, February 9, 2020

China’s iFlytek Seeks Exemption From U.S. Ban to Buy Medical Supplies

China-based voice-recognition technology firm iFlytek Co. (002230.SZ) Monday said it has applied to the U.S. Department of Commerce seeking an exemption from a ban to purchase medical supplies to stem the coronavirus outbreak in China.
iFlytek was among several Chinese tech companies put on a U.S. blacklist last year which bans American suppliers from exporting U.S.-origin technology to them without a license.
iFlytek also said the U.S. ban has caused no significant impact on its operations as it has shifted to Chinese suppliers after being blacklisted by the U.S.
https://www.marketscreener.com/IFLYTEK-CO-LTD-6500190/news/Iflytek-China-s-iFlytek-Seeks-Exemption-From-U-S-Ban-to-Buy-Medical-Supplies-29968029/

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