China Electronics Corporation (, CEC) is a Chinese

state-owned State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownershi ...

company and one of the largest producers of telecom equipment in China for both civilian and military purposes.Chinezii care deţin divizia de mobile a Philips: 60% din telefoanele vândute în acest an în România vor fi smart
, 12 November 2014, ''Ziarul financiar'', retrieved at 12 November 2014 CEC has four main semiconductor divisions: computer software/hardware & system integration, telecommunication network & terminals and digital home appliances.
, 26 July 2013, Bogdan Biszok, ''Capital'', retrieved at 12 November 2014

History

CEC acquired the mobile phone division of

Philips Koninklijke Philips N.V. (), commonly shortened to Philips, is a Dutch multinational conglomerate corporation that was founded in Eindhoven in 1891. Since 1997, it has been mostly headquartered in Amsterdam, though the Benelux headquarters i ...

in 2007.Vânzările de telefoane mobile Philips în România: 10.000 de unități în 6 luni
, 11 May 2014, ''Ziarul financiar'', retrieved at 12 November 2014Philips se retrage din productia de telefoane mobile
, 12 October 2006, ''Ziarul financiar'', retrieved at 12 November 2014 At the time, the Philips division had an annual revenue of 400 million euros and 240 employees. CEC received the right to sell mobile phones under Philips license. Philips already moved its mobile phones production in China in 2001, when the production, research and development of mobile phones was taken by a joint-venture of Philips and China Electronics Corporation.
, 27 June 2001, Inés Abril, ''Cincodias.com'', retrieved at 12 November 2014 Romania was the first country in the European Union where such mobile phones were sold since 2013, until then the phones were available only in the BRIC states (Brazil, Russia, India and China).România, prima țară din UE în care chinezii care au preluat Philips aduc telefoane mobile
, 12 December 2013, ''Ziarul financiar'', retrieved at 12 November 2014

U.S. investment prohibition

In August, 2020, the

United States Department of Defense The United States Department of Defense (DoD, USDOD or DOD) is an executive branch department of the federal government charged with coordinating and supervising all agencies and functions of the government directly related to national secur ...

published the names of companies with links to the

People's Liberation Army The People's Liberation Army (PLA) is the principal military force of the People's Republic of China and the armed wing of the Chinese Communist Party (CCP). The PLA consists of five service branches: the Ground Force, Navy, Air Force, ...

operating directly or indirectly in the United States. CEC was included on the list. In November 2020,

Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of P ...

issued an

executive order In the United States, an executive order is a directive by the president of the United States that manages operations of the federal government. The legal or constitutional basis for executive orders has multiple sources. Article Two of t ...

prohibiting any American company or individual from owning shares in companies that the U.S. Department of Defense has listed as having links to the People's Liberation Army, which included CEC.

References

External links

*{{Official website, http://en.cec.com.cn/ Mobile phone manufacturers Semiconductor companies of China Government-owned companies of China Defence companies of China