Lighthizer, Mnuchin spoke with Chinese Vice Premier Liu He on Tuesday

CNBC | July 09, 2019

Top U.S. trade officials spoke with their Chinese counterparts Tuesday as Washington and Beijing work to iron out a trade deal. U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke to Chinese Vice Premier Liu He and Commerce Minister Zhong Shan to continue negotiations aimed at resolving the outstanding trade disputes between the world is two largest economies, according to a U.S. official. The official said both sides will continue these talks as appropriate. China is Ministry of Commerce confirmed that the call took place in a statement issued Wednesday morning local time.

Spotlight

In 2009, U.S. companies made up 45 percent of the Global Top 100 companies, according to PwC and Bloomberg. A decade later, U.S. firms now comprise 63 percent of organizations on the Global Top 100. This advancement is partly due to growth in the United States tech sector. The tech sector has the most representation on the Global Top 100. As a testament to the booming industry, Microsoft topped Apple in terms of market cap for the first time in a decade. Apple was eclipsed by Microsoft for the highest market cap, reaching $905 billion in March 2019, largely fueled by Microsoft’s booming cloud business.

Spotlight

In 2009, U.S. companies made up 45 percent of the Global Top 100 companies, according to PwC and Bloomberg. A decade later, U.S. firms now comprise 63 percent of organizations on the Global Top 100. This advancement is partly due to growth in the United States tech sector. The tech sector has the most representation on the Global Top 100. As a testament to the booming industry, Microsoft topped Apple in terms of market cap for the first time in a decade. Apple was eclipsed by Microsoft for the highest market cap, reaching $905 billion in March 2019, largely fueled by Microsoft’s booming cloud business.

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GOVERNMENT BUSINESS

IGEN Networks Corporation secures GSA Multiple Award Schedule Contract with State and Federal Governments

IGEN Networks Corporation | December 03, 2021

IGEN Networks Corporation a leading innovator of cloud-based and Internet of Things (IoT) solutions for the protection and management of mobile assets, today announced its qualification for GSA Multiple Award Schedule Contract with selected states and federal government markets. The GSA/VA status enables IGEN to market its products and services directly to governments including Counties, States, and the Federal Government. The GSA/VA Schedule contract status is a Preferred Vendor Status with local, state, and federal governments from which qualified companies are considered to be responsible and reputable to these governments. According to the GSA/VA Solicitation Services, there are only .003% of companies in the United States that are GSA or VA Federal Supply Schedule Contract qualified. According to The Authority in Government Contracts the Federal Government spends over $40B exclusively with GSA/VA Schedule Contract holders on an annual basis. From this GSA/VA Schedule contract status, IGEN will market its Medallion GPS Fleet Platform initially to Counties located in six states that include Pennsylvania, Michigan, New York City, New York, Tennessee, and California. Additional states will be added to IGEN's contract status as opportunities grow across the US. The Medallion GPS Fleet Platform will offer compelling features and services at lower costs with emphasis on ease-of-use. The system is organized around both asset and driver with dispatch capabilities, automated reporting, maintenance, diagnostics reporting, driver behavior scoring, and video tutorials on demand that are built on AWS Cloud-based infrastructure. The Medallion GPS Fleet Platform incorporates the patented "Digital Telematics Signature", which offers greater accuracy in measuring and scoring driver behavior across diverse fleets providing a powerful tool for assessing actuarial risk of assets and their drivers. "Combined with our GSA/VA contract status, we now have the process to facilitate transactions with the Counties across all US government markets. In preparation we have increased our inventory levels to 2500 hardware activation units for the next quartile period. The diversity of government assets along with the self-insurance of these assets creates an excellent fit with the capabilities of our Medallion GPS Fleet Platform." Neil G Chan, CEO of IGEN Networks Corp About IGEN Networks Corporation IGEN Networks Corporation provides peace-of-mind to automotive consumers and their families through direct access to Internet-of-Things (IoT) cloud-based services that include Stolen Vehicle Protection, Real-time updates on asset health and Driver Behavior. IGEN is a fully reporting company in both Canada and the United States. It is publicly traded on the OTCQB under the symbol IGEN, and listed on the CSE under the symbol IGN.

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GOVERNMENT BUSINESS

Qualcomm gets licence to sell 4G chips to Huawei

Qualcomm | November 17, 2020

The U.S. government has at long last backed off on Chinese cell phone producer, Huawei. The nation has permitted American chipset producer Qualcomm to sell 4G cell phone chips to Huawei Technologies Co Ltd. This is the primary exclusion made by the US government since the expanding pressures between the two nations. The American government had trained all chipset makers to quit sourcing items to the Chinese organization since Septemeber. The spokes person from Qualcomm did not specify the exact chip that they will be supplying to Huawei. However, they did confirm that it is related to mobile devices. Other than Qualcomm chipsets, Huawei has its own scope of chipsets which has been being used in many gadgets sold by the organization, particularly on mid-reach and spending contributions. The organization's capability to plan its own chips was additionally impeded in September by U.S. exchange limitations that obstructed its admittance to chip plan programming and creation devices. Industry investigators trust Huawei's store of chips bought before the boycott could run out ahead of schedule one year from now, devastating its cell phone business. Bernstein analyst Stacy Rasgon said the Qualcomm license would have a "limited impact" because it covers only 4G chips while consumers are shifting to newer 5G devices. Rasgon said it is still unclear whether U.S. officials will grant Qualcomm licenses for 5G smartphone chips. About Qualcomm Who is Qualcomm, and what do we do? We are engineers, scientists and business strategists. We are from many different countries and speak many different languages. We come from diverse cultures and have unique perspectives. Together, we focus on a single goal—we invent breakthrough technologies that transform how the world connects, computes, and communicates.

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The Semiconductor Industry Association and the Semiconductor Research Corporation Releases a Preview of Their Upcoming Decadal Plan for Semiconductors

SIA | October 19, 2020

The Semiconductor Industry Association (SIA) and the Semiconductor Research Corporation (SRC) released a preview of their upcoming “Decadal Plan for Semiconductors,” a report outlining chip research and funding priorities over the next decade that will help strengthen U.S. semiconductor technology and spur growth in emerging technologies such as artificial intelligence, quantum computing, advanced wireless communications. The Decadal Plan, developed with contributions from a broad cross-section of leaders in academia, government, and industry, identifies five “seismic shifts” shaping the future of chip technology and calls for an annual $3.4 billion federal investment over the next decade to fund semiconductor R&D across these five areas.

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