Tag: China

US Strikes to Preserve Superior Semiconductor Expertise Out of China

Clinton Boyter

Corporations that settle for U.S. funding below a plan to construct up America’s laptop chip-making capability might be barred from establishing superior fabrication services in China for 10 years, the administration of President Joe Biden introduced this week.

The Commerce Division rolled out its plan to distribute $50 billion supplied by the CHIPS Act, which Biden signed into regulation final month. In an look on the White Home on Tuesday, Commerce Secretary Gina Raimondo stated the foundations embody particular language on transferring expertise to China.

“Corporations who obtain CHIP funds cannot construct modern or superior expertise services in China for

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US Tech Companies Blocked from Constructing in China for 10 Years; Microsoft Backs Kalanick’s CloudKitchens

Clinton Boyter

In as we speak’s ExchangeWire information digest: the US bans tech companies from constructing in China for the subsequent 10 Years; Microsoft backs controversial entrepreneur Travis Kalanick’s CloudKitchens startup; and tech companies in South-east Asia launch the area’s first anti-counterfeit consortium.

 

US bars tech companies from constructing services in China

American Tech firms in receipt of federal funding might be unable to construct “superior expertise” services in China for the subsequent decade, in response to the Biden administration.

The ban falls below the US authorities’s USD$50bn (£43bn) plan to bolster the nation’s semiconductor trade because the nation struggles in opposition

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China Tech Shares Achieve as Talks Progress to Keep away from US Delistings

Clinton Boyter

(Bloomberg) — Chinese language know-how shares rose for a second day after talks between Beijing and Washington to keep away from the delisting of corporations in New York was mentioned to indicate indicators of progress.

Most Learn from Bloomberg

Hong Kong’s Grasp Seng Tech Index climbed as a lot as 2.1% on Friday earlier than paring beneficial properties to shut 0.8% increased because it capped its largest weekly acquire in over a month. Companies which have ADRs, comparable to GDS Holdings Ltd. and AAC Applied sciences Holdings Inc., had been among the many greatest performers.

China regulators have instructed main

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US In Denial Of A Hypersonic Hole With China, Russia

Clinton Boyter

(MENAFN- Asia Instances)

As China and Russia make new advances in hypersonic weapons know-how, the US is more and more targeted on growing counter-hypersonic applied sciences to handle the rising risk.

In a US Division of Protection (DOD) press interview final week, US Deputy Secretary Kathleen Hicks rejected the notion that the US is falling behind within the improvement and fielding of hypersonic weapons.

She additionally said that rising hypersonic weapons applied sciences from China, Russia and the US as an arms race may be deceptive.

Hicks famous that the US has a number of ideas on methods to defend

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US gov’t made breakthrough battery expertise then let China have it

Clinton Boyter

Within the final decade, a gaggle of U.S. authorities scientists developed a groundbreaking new battery expertise that would energy a home and run for many years. With the U.S. authorities’s approval, the taxpayer-funded expertise was handed over final yr to a Chinese language firm that manufactures the batteries at this time.

Right here’s uncommon footage of the B-2 stealth bomber – see it right here

An Aug. 3 NPR report revealed that U.S. firm UniEnergy was growing a breakthrough vanadium redox stream battery based mostly on a design developed by two dozen U.S. scientists at a authorities lab by U.S.

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No want for TSMC to take aspect between US and China: Q&A with Richard Thurston

Clinton Boyter

Richard Thurston, board member of Nantero and former SVP and basic counsel of TSMC

The Chips and Science Act 2022 signed by US president Joe Biden on August 9 is seen as an necessary transfer to spice up US competitiveness within the face of a “sputnik second” with China. As we study the content material, with the situations set within the legislation, we discovered the semiconductor corporations should take sides in the event that they resolve to take the subsidy for constructing the fabs.

Richard L Thurston, an unbiased board member of Nantero, spent greater than 15 years at Taiwan

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