China

U.S. FCC Set to Ban Approvals of New Huawei, ZTE Equipment -Document

The U.S. Federal Communications Commission is set to ban approvals of new telecommunications equipment from China’s Huawei Technologies and ZTE in the United States on national security grounds, according to an agency document. FCC Chairwoman Jessica Rosenworcel last week circulated the proposed ban to the other three commissioners for final approval. The companies would not […]

U.S. Scrambles to Prevent Export Curbs on China Chips From Disrupting Supply Chain

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 […]

What's a Supercomputer? How the U.S. Will Decide Who to Punish with China Tech Curbs

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 […]

White House Official Says Details on AI Chip Export Rule Coming Soon

The Biden administration could shed more light on a possible new rule for exporting high-performance artificial intelligence chips to China “relatively soon,” a White House official said Friday. Tarun Chhabra, an official with the National Security Council who focuses on technology issues, said letters sent from the U.S. Department of Commerce to Nvidia Corp and […]

New China ETFs Test Investor Appetite Amid Sino-U.S. Tech War, Market Rout

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 […]

China EV Maker Leapmotor Launches Up to $1 Billion Hong Kong IPO

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 […]

Exclusive-Biden to Hit China With Broader Curbs on U.S. Chip and Tool Exports Sources

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 […]

Exclusive: Biden to Hit China with Broader Curbs on U.S. Chip and Tool Exports

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 […]

Samsung CEO Seeks 'Common Denominator' in Sino-U.S. Chip War

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 […]