On Monday, as per a report from Japan’s news daily the Nikkei which cites multiple sources familiar with the matter at hand, the world’s biggest chip maker, Taiwan Semiconductor Manufacturing Co Ltd, has stopped taking new orders from Huawei Technologies following Washington’s move aimed at further cutting off supplies to the Chinese company. Huawei’s orders…
On Saturday, the United States and Japan agreed to start a dialogue on economic security which includes 5G mobile networks as well as the export of civilian technology that also has military use, reported Japan’s Yomiuri newspaper. On Friday, the U.S. administration moved to block the global supply of chips to Chinese 5G equipment giant…
On Friday, Taiwan Semiconductor Manufacturing Co Ltd announced it will build a $12 billion chip factory in Arizona with the company saying it reflects a “strong partnership” with the U.S. government. The development coincides with the Trump Administration’s efforts to bring in more manufacturing activity to the United States. The chip factory will create 1,600…
On Wednesday, the venture arm of U.S. chipmaker Intel Corp, Intel Capital stated it has invested in two Chinese startups in the semiconductor sector. The fresh investments comes at a time when there is heightened tensions between Washington and Beijing over chip manufacturing. One of the Chinese startups, Intel Capital has invested is ProPlus. It…
The Trump administration has once again allowed U.S. companies to continue to do business with China’s Huawei Technologies Co Ltd by extending the trade license until May 15, 2020. The U.S. Commerce Department had previously extended it until April 1. Separately, the U.S. Commerce Department has sought public comments on whether it should issue future…
Microsoft Corp has joined the growing bandwagon of U.S. companies asking employees to work from home so as to limit their exposure to China’s coronavirus. Microsoft has asked many of its employees in the Seattle region and in the San Francisco Bay Area to work from home until March 25. “Taking these measures will ensure…
In a blow to Apple Inc, the U.S. Supreme Court has ruled that Cupertino cannot avoid paying $440 million in damages for using VirnetX Inc’s patented internet security technology without permission. Apple uses VirnetX Inc’s technologies in its FaceTime video calling features. Supreme court justices rejected Apple’s appeal in the long-running case concurring with a…
According to sources familiar with the matter at hand, the U.S. government is weighing options which include stopping General Electric Co from continuing to supply engines for China’s passenger jet. The development will cast a shadow of uncertainty over China’s efforts to enter the civil aviation market. The potential restriction on the sale of plane…
In a statement, the U.S. government said, it was issuing a 45-day extension to Huawei Technologies Co Ltd which allows U.S. companies to continue doing some business with it. The development comes in the wake of the Trump Administration adding the Chinese company to an economic blacklist in May 2019 citing national security concerns. The…
The Pentagon is likely to back new U.S. restrictions on China’s Huawei Technologies, reversing its earlier stance to the proposal meant to further crack down on exports to the blacklisted Chinese company, said a source briefed on the matter. The Pentagon’s reversal is likely to make it much harder for U.S. companies to get around…
