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The wave is sanctioned, the pressure is comparable to Huawei, and domestic substitution is going a little faster

The news that Inspur Group was sanctioned by the U.S. government for allegedly violating international trade regulations shocked the entire Chinese IT industry.

The wave is sanctioned, the pressure is comparable to Huawei, and domestic substitution is going a little faster

Inspur Group is one of the leading cloud computing and big data service providers in China, with three listed companies, Inspur Information, Inspur Software and Inspur International, its main business involves cloud computing, big data, industrial Internet, new generation communication and several application scenarios, and has provided IT products and services to more than 120 countries and regions around the world.

The reason why Inspur was sanctioned was that it violated the terms of US sanctions against Iran and provided Iran with certain technical and service support. In addition, some of Inspur's products and services have potential safety risks, because the global supply chain is a whole, and it is also a practitioner of the concept of "making is better than buying, buying is better than renting".

This has also become an important reason for the US government to impose sanctions on it. According to the sanctions list published by the US government, Inspur Group will be prohibited from exporting products and technology to the United States, and at the same time, US companies will not be allowed to conduct any transactions with it.

This sanction will have a huge impact on Inspur Group, which will not only cause its business to suffer greater losses, but also have a greater impact on the stock price and market value of its listed companies, which in turn will affect the confidence and expectations of the entire Chinese IT industry.

The sanctions imposed by Inspur Group are reminiscent of the US sanctions imposed on Huawei in 2019. Huawei is included in the "Entity List" of the United States, and its trade controls with American companies have been severely hit. It can be said that the pressure on Inspur Group is very similar to Huawei's situation back then, which also raises concerns about the future of China's IT industry.

However, as Huawei has done, Inspur must also quickly adjust its strategy and strengthen its resilience in the face of difficulties. First of all, Inspur Group needs to accelerate the upgrading and improvement of products and services to improve its own competitiveness and safety. At the same time, Inspur Group also needs to continue to explore new markets, expand its international business layout, and reduce its dependence on the US market. In addition, Inspur Group also needs to strengthen the construction of corporate culture and improve the quality and loyalty of employees.

The wave is sanctioned, the pressure is comparable to Huawei, and domestic substitution is going a little faster

Although the sanctions imposed by Inspur Group have brought a great impact to China's IT industry, it also reminds us to accelerate the pace of independent innovation and promote domestic substitution. As a pioneer and leader in China's IT field, Inspur Group has been striving to promote industrial upgrading and technological innovation, but it is subject to the influence of international trade environment and policies, and also needs to face its own problems and shortcomings.

Therefore, we need to strengthen scientific and technological self-reliance and master core technologies and key resources. Only on the basis of independent innovation can we better compete and cooperate in the international market and expand the development space and business scope of enterprises. At the same time, it is also necessary to accelerate the domestic substitution and digestion and absorption of foreign mature technologies to ensure industrial safety and sustainable development.

In general, the sanction of Inspur Group is a shocking incident, but it also reminds us that we cannot take chances, let alone rely on the external environment for the safety of our own industry. We need to continue to innovate, break through, develop, establish independent technology and product systems, and achieve "gathering talents from all over the world and using them, creating a world-class information technology enterprise".

The wave is sanctioned, the pressure is comparable to Huawei, and domestic substitution is going a little faster