In Blacklisting Inspur, US Targets Partner Used by Intel and IBM
- Washington banned Inspur from accessing certain US technology
- Firm partners with US companies seeking to expand in China
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The Biden administration’s blacklisting of China’s Inspur Group Co. targets a company that US tech giants like Cisco Systems Inc., IBM Corp. and Intel Corp. have worked with to expand their footprint in the world’s second largest economy.
The Commerce Department blacklisted Inspur and more than a dozen other Chinese firms on Thursday in an escalation of a tech-based conflict between Washington and Beijing. That surprise move could exert an unforeseen impact on US tech companies after years of relying on the firm for access to domestic markets.