Category: Tech Restrictions

Chipmaking Giant Slashes Capital Spending by 10 Percent, Slowdown Warning to Tech Sector

October 13, 2022
Business & MarketschipmakingCompaniesMarketsSemiconductor industryTechTech NewsTech RestrictionsTSMC
0 Comment

Taiwan Semiconductor Manufacturing Co. (TSMC) has slashed its capital spending despite posting strong profits, with the company expecting the market to slump in the near future. Capital expenditure (capex) for 2022 was slashed to roughly $36 billion in 2022, down from previous estimates of at least $40 billion. About half of the change is due…

Read More

Democrats Drag Feet on China Tech Restrictions

June 20, 2021
ChinaChina-US NewsDemocratsInfiltrating the WestOpinionPoliticsprotect American techSpecial Topicstech decouplingTech RestrictionsThinking About ChinaUSViewpoints
0 Comment

Commentary The Federal Communications Commission (FCC) on June 17 proposed additional restrictions on China’s and Russia’s telecommunications equipment. The FCC voted to explore a ban on all future U.S. company purchases of telecom equipment from corporations that pose a national security risk, including five Chinese companies that the FCC specifically labeled as such: Huawei, ZTE,…

Read More