The U.S. Commerce Department said Tuesday it hopes by February to begin seeking applications for $39 billion in government semiconductor chips subsidies to build new facilities and expand existing U.S. production. Congress in August approved $52.7 billion for semiconductor manufacturing and research and a 25 percent investment tax credit for chip plants, estimated to be […]
Search results for "China"
Samsung Electronics Co Ltd is seeking a “common denominator” as it navigates restrictions on U.S. tech exports to China where the South Korean firm makes chips, with potential challenges including bringing in new chip-making equipment. The United States is considering limiting shipments of such equipment to memory chip makers in China to slow technological advances […]
High-profile universities and state-run research institutes in China have been relying on a U.S. computing chip to power their artificial intelligence (AI) technology but whose export to the country Washington has now restricted, a Reuters review showed. U.S. chip designer Nvidia Corp last week said U.S. government officials have ordered it to stop exporting its […]
Britain’s antitrust regulator said Microsoft Corp’s $69 billion acquisition of “Call of Duty” maker Activision Blizzard could harm competition in gaming consoles, subscription services and cloud gaming, and it needs to be investigated in depth. The Competition and Markets Authority (CMA) said on Thursday the deal, the largest ever in gaming, could damage the industry […]
Logitech G will collaborate with Tencent China to produce a cloud handheld device. They declared that the console would support primary cloud gaming services like Xbox Cloud Gaming and Nvidia GeForce Now. The upcoming console will deliver AAA game titles to users worldwide. We will look at the latest and leaked news and details of […]
U.S. federal prosecutors asked Binance, the world’s largest cryptocurrency exchange, to provide extensive internal records about its anti-money laundering checks, along with communications involving its chief executive and founder Changpeng Zhao, according to a late-2020 written request seen by Reuters. The Justice Department’s money laundering section asked Binance to voluntarily hand over messages from Zhao […]
The Honor 70 has a lot to offer, with loads of attractive specs. The display is fantastic, and its camera could be the main selling point with its promising potential. The Honor 70 has a couple of unique features as well. Classed as a mid-ranger, it can still face some competition with cheaper competitors. As […]
Japan needs over $24 billion in investment from both the public and private sectors to develop a competitive manufacturing base for batteries used in areas such as electric vehicles (EVs) and energy storage, the industry ministry said on Wednesday. A specialist panel tasked with formulating battery strategy also set a target of securing 30,000 trained […]
Smartphone maker Xiaomi Corp is eyeing an electric vehicle (EV) production tie-up with Beijing Automotive Group Co (BAIC), as it faces delays in acquiring a licence to make cars on its own, Bloomberg News reported on Friday. Such partnership among EV startups and traditional carmakers has become increasingly common in China, as state planners have […]
President Joe Biden on Thursday signed an executive order on implementation of the $52.7 billion semiconductor chips manufacturing subsidy and research law, the White House said. Earlier this month, Biden signed the bill to boost efforts to make the United States more competitive with China’s science and technology efforts. By subsidizing U.S. chip manufacturing and […]