China shelves its proprietary Wi-Fi security plan: It's good news for all chipmakers that China has apparently rescinded its June 1 deadline for all Wi-Fi equipment to include a Chinese proprietary security standard only available for inclusion by Chinese companies. This would have exposed international intellectual property to companies most interested in competing with those firms, and would have caused a fragmented world market.
Richard Shim broke this story at News.com earlier today, and has an updated version will full details now. The deal came about in Washington, DC, as a result of joint trade talks with China.
Neither story mentions that Chinese actions in regard to WAPI and related issues put it in conflict with its membership in the World Trade Organization, a group they had lobbied to join for some years and to which they were accepted with the backing of the U.S.