Amid a growing push in Washington to subsidize domestic computer chip production so the United States can maintain its technological lead over China, a prominent former U.S. government scientist has warned that such a policy could be counterproductive and antithetical to American values. Nineteen trade associations urged congressional leaders in a joint letter dated July 22 to…
Former Top Pentagon Scientist Casts Doubt on Subsidizing Chip Manufacturing
Semiconductors Key to US Supremacy in High-Tech War
WASHINGTON—The global semiconductor shortage during the pandemic has intensified the battle for technological dominance between the world’s two largest economies. Supply chain shocks and growing tensions with China are forcing the U.S. government to enter the subsidy war to protect American leadership in semiconductors and future technologies. Microchips smaller than postal stamps are the brains…
Chinese Threat Against Taiwan Too ‘Dangerous’ to Ignore
WASHINGTON—The global computer chip shortage has boosted the economic and strategic importance of Taiwan, which is home to some of the world’s largest and most advanced chip foundries. With the increased Chinese aggression against Taiwan in recent months, the island’s independence and democracy have never been so important to Western countries. Taiwan is now the “most…
Japan’s Subaru to Suspend Production in Indiana on Chip Shortage
TOKYO—Japanese automaker Subaru said on Tuesday that it was suspending production at its plant in Indiana through the end of April due to a global shortage of semiconductors. Automakers from Ford Motor to Nissan Motor have cut production due to the shortage of chips, used extensively in new cars for automatic windows, parking assistance, and…
NTD Business Full Broadcast (April 12)
The U.S. government’s budget deficit hit a record high last month, as billions of dollars of stimulus checks added to government spending. Two Korean battery rivals have settled their dispute. The feud had threatened the construction of a new battery factory in Georgia. Beijing sends a warning shot to China’s tech giants. The regime slapped…
Chinese Regime Rolls Out New Plans to Overtake the US in Technology
During the annual meeting of China’s rubber-stamp legislature earlier this month, the Chinese regime proposed new plans to bolster its research and development in critical technology sectors in order to surpass the United States and achieve global dominance. Meanwhile, U.S. think tanks and lawmakers have proposed strategies to counter the threat posed by China’s tech…
Beijing Unlikely to Achieve Goal of Producing Most Microchips It Needs by 2025: Report
The Chinese regime’s semiconductor ambitions will fall short of its policy goal, according to a newly-released analysis by U.S. market research company IC Insights. The market researcher forecasted that China won’t be able to meet its goals of domestically producing 70 percent of its semiconductor needs by 2025, an objective under Beijing’s industrial policy of…
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