US conflict on Chinese language semiconductors is counterproductive

President Joe Biden and Commerce Secretary Gina Raimondo (not pictured) maintain a digital assembly with enterprise leaders and state governors to debate provide chain issues, notably addressing semiconductor chips, on the White Home campus in Washington, US, March 9, 2022. [Photo/Agencies]

The worldwide semiconductor business gross sales booked document income of about $556 billion in 2021 with 26% improve in yr on yr gross sales, in line with the US-based Semiconductor Trade Affiliation (SIA). Amid a better demand and the continued international scarcity of chips embedded within the important applied sciences of now and the longer term, business shipped 1.15

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US-China tech conflict: High Chinese language chip maker SMIC to speculate report US$5 billion in capability enlargement after income doubled in 2021

China’s greatest semiconductor foundry has put aside a report quantity for capability enlargement in 2022, after its income greater than doubled in 2021 because of sturdy demand for chips.

Semiconductor Manufacturing Worldwide Corp (SMIC) has earmarked US$5 billion for capital expenditure this yr, up from US$4.5 billion in 2021. The funding might enhance its month-to-month capability by 130,000 to 150,000 8-inch equal wafers, the corporate mentioned.

The larger funding plan got here after SMIC reported that web income in 2021 hit US$1.7 billion, greater than double the earlier yr’s US$716 million, even supposing the corporate was placed on a US

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Chinese language drug large halts buying and selling as US transfer triggers inventory plunge

Wuxi Biologics suspended buying and selling in Hong Kong on Tuesday following a report droop in its share worth, after Washington added the Chinese language pharmaceutical large to a listing that might prohibit its US operations.

The Division of Commerce on Monday mentioned the corporate was amongst 33 Chinese language entities added to its unverified listing, which can pressure it to acquire further licences to do enterprise with American companies.

Wuxi Biologics, which produces vaccines and medicines on contract for pharmaceutical companies, mentioned the transfer would have “no influence” on its enterprise and that it was “in compliance with all

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High Chinese language college pulls report that concluded China would undergo extra from tech decoupling with US

A think-tank at China’s prestigious Peking College has pulled a report that concluded China would seemingly undergo extra in a tech decoupling from the US.

The 7,600-character report was revealed on the official WeChat account of the college’s Institute of Worldwide and Strategic Research on Sunday, and was subsequently shared by Chinese language media shops and analysts.

A key discovering from the evaluation was that each the US and China would undergo from a tech decoupling, however China’s losses would seemingly be larger than these of the US.

Do you’ve questions in regards to the greatest subjects and traits from

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Chinese language E-bike Maker AIMA Expertise Groups up with US-based Juiced Bikes for Worldwide Enlargement

TIANJIN, China, Jan. 23, 2022 /PRNewswire/ — AIMA Expertise (“AIMA”), a number one Chinese language e-bike producer and US-based Juiced Bikes, not too long ago entered right into a strategic cooperation partnership. Su Yuhang, common supervisor of AIMA Expertise’s worldwide enterprise unit and Tora Harris, founding father of Juiced Bikes, inked a strategic cooperation settlement that AIMA will present high-quality merchandise and technical assist to Juiced Bikes within the US.

The advertising and marketing heart of AIMA Expertise’s worldwide enterprise unit was the place a strategic cooperation settlement with Juiced Bikes was signed in Tianjin, China on January

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US accuses Chinese language tech companies, analysis institutes of weaponizing biotechnology, creating ‘brain-control weaponry’

The Biden administration has blacklisted and sanctioned dozens of Chinese language authorities analysis institutes and private-sector tech companies, accusing them of weaponizing expertise to be used at residence and overseas, the U.S. departments of Commerce and Treasury introduced Thursday.

Particularly, the U.S. warned that these entities have been working as a part of a broader Chinese language authorities technique to develop and deploy biotechnology, together with “brain-control weaponry,” for attainable offensive use and as a part of its crackdown on Uighurs and different Muslim ethnic minorities — a marketing campaign that the U.S. has decided constitutes genocide.

The penalties search

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