Akihabara News — In a move that has escalated tensions between the United States and China, the US Department of Defense has added two major Chinese technology companies, Tencent and CATL, to a list of entities it believes are linked to China’s military activities.
Tencent is a colossal tech conglomerate known for its WeChat app, which serves as a multifunctional platform combining messaging, social media, and payment services. Beyond WeChat, Tencent is a major player in gaming, owning Riot Games, the creators of League of Legends, and holding stakes in other international game developers. The company’s influence extends deep into entertainment, media, and even cloud computing, making it a pivotal part of China’s tech ecosystem.
On the other hand, CATL, or Contemporary Amperex Technology Co. Limited, is the world’s leading manufacturer of batteries for electric vehicles (EVs). CATL’s inclusion on the US military-linked companies list could impact the global supply chain for EVs, given its significant role in providing battery technology to major car manufacturers worldwide.
The US Department of Defense’s decision to classify these companies as having ties to the Chinese military isn’t about immediate sanctions but serves as a warning. It signals to American businesses and investors the potential risks of associating with these firms, given the alleged military connections. This could affect their ability to secure business deals in the United States and possibly lead to more stringent regulations or even sanctions in the future.
Both companies have vehemently denied these allegations, with Tencent stating its inclusion was “clearly a mistake” and emphasizing its non-military nature. CATL similarly argued it does not engage in any military-related activities.
Recent Electric Vehicle Related Articles
Enechange Surpasses 5,000 EV Charging Ports
Blocking Chinese Electric Vehicles