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Some executives say the US ban on exports to China of Nvidia and AMD's advanced computer chips could backfire if it creates chances for startups in China's fast-growing chip market.
"We cannot allow Chinese companies beholden to the Communist Party into our telecommunications networks and millions of Americans’ iPhones,” Senator Marco Rubio said.
State internet shutdowns "cause significant inconvenience to local public at large," the Internet and Mobile Association of India said
The ban aims to prevent US semiconductor technology from falling into Chinese hands, US Commerce Secretary Gina Raimondo said
The pledge to intensify the search for core tech breakthroughs comes after last week’s US ban on AI chip exports to China
Hynix’s parent, the SK Group, also recently announced plans to build a chip packaging facility in the United States
Growth rate could now though slow due to government concerns that smartwatches are harmful to child development, reported the Nikkei
A cyber security report claimed the US had launched “tens of thousands” of cyberattacks on China and pilfered troves of sensitive data, the South China Morning Post said.
Top universities and research institutes in China have been spending large sums on advanced US computer chips designed by Nvidia to power artificial intelligence research work.
Soaring sales come thanks to its global appeal, with the online retailer surpassing Amazon for mobile downloads in the US in the second quarter of 2022, Pandaily said
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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