U.S. imports of solar panels are finally picking up after months of gridlock stemming from implementation of a new law banning goods made with forced labor, according to two Chinese solar companies. A White House official confirmed the thaw in shipments at an energy conference on Monday, attributing it to clearer rules around complying with […]
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U.S. chipmaker Nvidia Corp’s plans to sell technology to China’s Huawei would be thwarted if the U.S. government proceeds with a proposal to further restrict shipments to the blacklisted company, a draft report by a government contractor shows. The Biden administration has been considering limiting the items it authorizes U.S. companies to ship to telecoms […]
You need to keep up. Web3 is not something to anticipate. It is something you need to adapt to and live with. Web3 is the next step for various sectors, and the telecom sector is no different. Telecom and Web3 are codependent. There is a need for a balance between them. This balance is crucial […]
The United States is working to expand its restrictions on the export of chipmaking equipment to China by securing cooperation with the Netherlands and Japan, forcing Chinese chipmakers to turn to domestic suppliers such as those listed below. SHANGHAI MICRO ELECTRONICS EQUIPMENT (SMEE) SMEE is China’s only producer of lithography machines used in semiconductor manufacturing, […]
Canada’s commodity-heavy main stock index rose on Friday to its highest closing level in more than two weeks as encouraging economic data from major energy importer China allayed fears of a global economic slowdown. Activity in China’s services sector expanded at the fastest pace in six months in February as the removal of tough COVID-19 […]
U.S. President Joe Biden and German Chancellor Olaf Scholz vowed on Friday to keep imposing costs on Russia for its war in Ukraine, now in its second year, as an EU official said any arms provided by China to Russia would trigger sanctions. Biden and Scholz met in private in the Oval Office for over […]
The Biden administration approved 192 licenses worth over $23 billion to ship U.S. goods and technology to Chinese companies on a U.S. trade blacklist in the first quarter of last year, according to a document released by a U.S. congressional committee on Friday. The 192 licenses granted were out of 242 license applications decided between […]
The European Union’s executive body is set to provide permits, regulatory support and easier access to public and private funding for certain strategic green technologies, according to a draft document seen by Reuters. The draft regulation is designed to ensure “the net-zero technology manufacturing capacity in the Union is sufficient to meet at least 40% […]
Wall Street rallied on Friday to end a volatile week, as U.S. Treasury yields eased and economic data helped investors look past the growing likelihood that the Federal Reserve will have to keep its restrictive policy in place until late in the year. All three major U.S. stock indexes surged more than 1%, with the […]
1. Lithium Price Slide Deepens as China Battery Giant Bets on Cheaper Inputs By now, it is out in the open that the COVID-19 pandemic played a remarkable role in hastening the global reliance on lithium for EV batteries as the world pushes to reduce carbon emissions as it marches on a path towards an […]