Intel is latest US company to apologize to China while pushing social justice at home

Intel has apologized for discouraging suppliers from doing business with China’s Xinjiang region, after a letter published on its website sparked backlash from a Chinese state-run publication and social media users.

Citing government restrictions in multiple countries on products from the area, Intel said they were “required to ensure our supply chain does not use any labor or source goods or services from the Xinjiang region.” Now the company is trying to play damage control to quell the ire of their Chinese customers.

AMAZON REPORTEDLY TOOK DOWN REVIEWS OF CHINESE PRESIDENT’S BOOK AFTER DEMANDS

“We deeply apologize for the confusion caused to our respected Chinese customers, partners and the public,” Intel said in a statement reported by The Wall Street Journal, in which they claimed that the previous letter had only been issued to be in compliance with American legal requirements. 

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Latest News on Amazon and What’s Changing Under New CEO Andy Jassy

  • Andy Jassy took over as CEO from founder Jeff Bezos earlier this year. 
  • A slew of executive reshuffles and departures have followed this leadership switch.
  • AWS, the main profit engine, is seeing the most turmoil. Other business units are in flux, too
  • See more stories on Insider’s business page.

Amazon is in the midst of the biggest leadership overhaul in its history. That’s put the future in flux and sowed seeds of doubt about the western world’s largest e-commerce and cloud-computing company.

Can the $1.6 trillion behemoth keep growing after a giant pandemic sales boost in 2020? The shares have stagnated in the past year, while the rest of the stock market roared ahead. There’s a new CEO, Andy Jassy, who recently took over from founder Jeff Bezos. Will Jassy run the tech giant as well as his former boss? 

Here’s a rundown of the must-know

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