Britain blocked the sale of a Welsh semiconductor plant to a Chinese-owned company on national security grounds. The ruling ends months of back-and-forth over the deal, which triggered British fears over technology transfer to China. [British government blocks takeover of Welsh semiconductor ... - theguardian.com]
According to data released by the customs of the People's Republic of China, disclosed by @SCMPNews, chip imports into China collapsed from January to October 2022 by 13.2% compared to the same period last year. The ongoing technological war with the United States and the economic slowdown, also due to Covid-19 and the measures taken by Beijing to contain it, have weighed on the world's largest semiconductor market. [China's chip imports see biggest drop in 2022 with ... – South China Morning Post]
Shares of China's major chipmakers lost $8.6 billion in market value on Monday. According to @FinancialTimes the cause is US export controls that have threatened to obstruct Beijing's plans for technological self-sufficiency. [China chip stocks lose $8.6bn in wipeout due to US export ... – FT]
Among the reasons for the high inflation of recent months, there is the shortage of electronic components, which have become increasingly rare due to the globalization of demand in the face of a strong concentration of supply. Taiwan, in fact, covers more than two-thirds of the world's production. Alessia Amighini deals with the topic on @lavoceinfo. [Taiwan, the chip capital of the world – lavoce.info]
The U.S. Senate passed [Senate Passes $280 Billion Industrial Policy Bill to Counter China – NYT] by a bipartisan vote (64 to 33) a $280 billion bill, the so-called Chips (Creating helpful incentives to produce semiconductors) & Science Act. [House Passes Chips Act to Boost U.S. Semiconductor Production – WSJ]
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