News from World

tag: microchip

18 November 2022

London rejects China chip deal

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]

07 November 2022

Microchip crisis

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]

13 October 2022

Washington’s restrictions are designed to curb Beijing’s plans for technological self-sufficiency

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]

29 July 2022

Building up America’s manufacturing and technological edge to counter China

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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