Washington had expected the Netherlands to follow suit after it imposed China export restrictions on its own chip equipment companies last year but The Hague is drafting up its own response

The second-largest chipmaker in China after SMIC, Hua Hong will produce 300mm (12-inch) semiconductor wafers at the factory

For most of 2022, Tesla joined rivals in aggressively raising EV prices but its decision to reverse course now challenges automakers’ established strategy of pursuing profit-over-volume

Taiwan’s Economy Ministry said that while Foxconn had breached regulations, there was no concern about an ‘outflow of technology’

Microchips will dominate global politics for decades and assume a geopolitical importance similar to the discovery of major oil reserves, Intel CEO Gelsinger claims

Macau has been a Special Administrative Region of China since 1999 when its Portuguese administration returned it to Chinese sovereignty

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

A top Dutch official said the US had 'justified worries' about over-reliance on Asia but the country 'won't sign on the dotted line' without consulting its allies

The semiconductor outfit, whose clients include US company Qualcomm, is focusing on cost control in a further sign of pain facing the tech industry

A possible outcome of US chip controls could be "a partial decoupling" of the sector, experts say, with "one focused on China and one on the rest of the world"

The US sees the participation of other top producers of chipmaking equipment as essential to making its sweeping chip export controls against China effective

Japanese Prime Minister Fumio Kishida is set to meet US President Joe Biden on Friday, with a focus on chip export controls, critical technologies, global economy and joint security issues