Chinese battery giant CATL has slowed its planning for investment in battery plants in North America on concern that new U.S. rules on sourcing battery materials will drive costs higher, two people with knowledge of the matter sa The world’s largest battery maker, which supplies one of every three electric vehicles, has been considering opening […]
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Rising Taiwan-China and U.S.-China tensions have brought “more serious” challenges for the semiconductor industry, the chairman of Taiwanese chipmaker TSMC said on Wednesday. Taiwan is a major producer of chips used in everything from cars and smartphones to data centres and fighter jets, and Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is the world’s largest contract […]
U.S. export restrictions on chip equipment to China are likely to lead to its “Sputnik” moment, prompting Chinese chipmakers to try creative engineering solutions and chart their own course even if it may not succeed commercially in the longer term, experts said. Under sweeping new regulations announced by the Biden administration on Oct. 7, U.S. […]
The U.S. is scrambling to tackle unintended consequences of its new export curbs on China’s chip industry that could inadvertently harm the semiconductor supply chain, people familiar with the matter said. By late Tuesday, hours before a new restriction took effect, South Korean memory chipmaker SK Hynix Inc said it got authorization from the United […]
Deciding who gets hurt by sweeping new U.S. curbs on selling technology to China will come down in part to what constitutes a “supercomputer,” experts told Reuters. Around the world, the semiconductor industry on Friday began to wrestle with wide-ranging U.S. restrictions on selling chips and chip manufacturing equipment to China. Shares of chip equipment […]
Five Chinese tech-focused ETFs launched on Friday, testing investor appetite for chipmakers, new materials producers and machine tool manufacturers amid an escalating Sino-U.S. tech war, and a global rout in tech shares. The new batch of exchange-traded funds (ETFs) were given regulatory approval at record pace over the weekend, in an apparent effort by authorities […]
On Friday afternoon, September 16th, a massive fire broke out in the China Telecom building, a regional office in China’s Hunan province in South-Central China. A 218m building, 42-story structure completed in 2000 and is located near a major ring road in Changsha, a city with a population of around 10 million individuals. As thick […]
Chinese electric vehicle maker Zhejiang Leapmotor Technology is aiming to raise $1.03 billion in a Hong Kong initial public offering (IPO), according to regulatory filings, that would be the largest in the city in 2022. The company is selling 130.82 million shares in the deal that will be sold in a price range of HK$48 […]
The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter said. The Commerce Department intends to publish new regulations based on restrictions communicated in letters earlier this year to three U.S. companies — KLA Corp, Lam […]
The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter said. The Commerce Department intends to publish new regulations based on restrictions communicated in letters earlier this year to three U.S. companies — KLA Corp, Lam […]