Apple Inc. on Tuesday said it has entered a multi-billion-dollar deal with chipmaker Broadcom Inc. to use chips made in the United States. Under the multi-year deal, Broadcom will develop 5G radio frequency components with Apple that will be designed and built in several U.S. facilities, including Fort Collins, Colorado, where Broadcom has a major…
Is Hong Kong Serving Russia American Chips?
Twelve companies from mainland China or Hong Kong will be officially included in the U.S. sanctions list on April 17. At the same time, the media revealed that a Hong Kong company exported many electronic chips to Russia but has not yet been sanctioned. Some experts believe that there is not much difference between Hong…
Samsung’s Operating Losses Impact South Korean Economy, Aims to Build New Chip Center
March 28, 2023
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Asia & PacificBusiness & MarketsChinaChina Business & EconomychipsCompaniesexport controlsmemory chipsSamsungsemiconductorWorld
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New Analysis Samsung, the pillar of South Korea’s economy, has seen its profit plunge in 2022 due to weak chip and smartphone demand. The company’s weak financial performance has impacted the overall South Korean economy. To reverse the weakening profitability, Samsung Electronics plans to invest 300 trillion won (about $227 billion) over the next 20 years…
Dueling US-China Economies
March 27, 2023
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Business & MarketsBusiness Columnistsbusiness leaderscapital flightChen DatongchipsOpinionThinking About China
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Commentary China’s arbitrary imprisonment of top business leaders is a self-defeating weakness that can be exploited by the United States and our allies globally. This strategic failure by Beijing, and all communist societies, is replicated by its allies, including Russia and Venezuela. It could be a fleeting and lucrative window of opportunity for democracies in…
Qualcomm Announces Software Business Around Its Supply Chain Chips
Qualcomm Inc. on Tuesday said it is launching a paid cloud software service to help companies that use its chips keep tabs on goods as they move through the supply chain. The San Diego, California company is the world’s biggest provider of chips that help smartphones connect to mobile data networks. But Qualcomm has used…
Thousands of Chinese Chip Companies Go Bankrupt in 2022 Following US Sanctions
February 20, 2023
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Asia & PacificChinaChina Business & EconomyChinese RegimechipsCHIPS and Science Act 2022sanctionssemiconductorsThreat from Communist ChinaUSUS-China relationsWorld
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As many as 5,746 Chinese chip companies were deregistered in 2022, much higher than the previous year. Experts believe U.S. sanctions and China’s economic downturn have caused mass bankruptcies and that it would be difficult for China’s chip industry to recover. Chinese media Titanium Media App reported on Feb. 16 that according to Chinese data…
The Chips War Heats Up
February 11, 2023
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artificial intelligence (AI)ASMLBusiness & MarketsBusiness ColumnistschipsCHIPS and Science ActEUVOpinionThinking About China
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Commentary First shots were fired last October when the United States passed the CHIPS and Science Act. It aimed directly at Beijing’s ambition to become the world’s preeminent maker of advanced computer chips. The law offers a significant subsidy for semiconductor manufacturers to establish and expand operations domestically. It also limits the ability to export…
Chip Sales Plunge in China, Buffeting Global Industry
News Analysis Chip sales in China have tumbled at a whopping rate, as productivity in the semiconductor-related sector has contracted dramatically, indicating that the country’s manufacturing industry is shrinking, according to the latest industrial report. The Washington-based Semiconductor Industry Association (SIA) released data on Jan. 9 indicating that compared to the same period in 2021,…
Sanction Netherlands for Enabling Communist China
January 16, 2023
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ASMLBusiness & MarketsBusiness ColumnistsChinese Communist Party (CCP)chipshuman rightsNetherlandsOpinionThinking About China
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Commentary A highly advanced Dutch computer chipmaker is delaying an agreement on U.S. and allied export controls to keep selling its chipmaking machines to China. The company’s CEO and the Netherlands’ trade minister have both publicly resisted measures meant to contain the growing threat from Beijing. They should know that their technology would likely support China’s…
US Chip Ban on China Requires Strict Enforcement to Thwart Circumvention by Beijing: Experts
December 29, 2022
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Chinachipsexport banexport controlmilitaryPolicies & ImpactssemiconductorstechnologyUSUS-China relations
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While many have credited the Biden administration’s extensive export bans on semiconductor technology to China as dealing a huge blow to the Chinese regime’s economic and military ambitions, the success of the measures ultimately depends on enforcement, according to experts. The Department of Commerce in October imposed extensive export controls aimed at restricting the Chinese…
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