ASML faces 2023 with confidence
In spite of chip export bans and international turmoil, ASML is optimistic about this year's sales. The organization showed confidence during the presentation of its most recent quarterly and annual figures.
The chip industry giant generated sales of €6.4 billion in the fourth quarter of last... Read more
ASML isn’t worried about export bans, says CEO Peter Wennink
Even in the unlikely event that all exports to China are prohibited, ASML expects to stay on course, CEO Peter Wennink suggested at a recent investor meeting.
ASML is one of the world's largest chip production equipment manufacturers. The company's machines allow customers to fabricate chips. T... Read more
‘ASML forbids US employees from working with Chinese customers’
ASML has banned employees in the United States from working with Chinese customers. In doing so, the Dutch chip giant complies with new regulations from the US government.
ASML wrote an internal memo to inform employees in the United States that working with and supporting Chinese customers is p... Read more
US bans Nvidia and AMD from exporting high-end chips to China
The US government ordered Nvidia and AMD to stop exporting high-end AI processors to China. The government wants to prevent China from incorporating the processors into military applications.
The export ban involves Nvidia's A100 and H100 processors. The processors are designed to accelerate mac... Read more
United States bans export of advanced chip technology
The US government imposed an export ban on advanced chip technology for reasons of national security.
According to the government, two types of 'ultrawide bandgap' semiconductor materials are now prohibited from being exported. The same applies to some types of electronic computer-aided design ... Read more
Huawei records first sales growth in years
Huawei's revenue rose for the first time in years. The organization struggled with trade bans in the United States and Europe since 2018. Earnings declined over time, but the most recent quarter was surprisingly strong.
Revenue rose to 170.6 billion yuan (about €25 billion), up 1 percent year... Read more
‘US investigates Alibaba Cloud as a potential national security risk’
Reuters reports that the US government is investigating Alibaba to determine whether the organization poses a national security risk.
According to three people briefed on the matter, the Biden administration is investigating Alibaba to determine whether the Chinese government has access to Ameri... Read more
Here’s how Huawei hopes to bridge the U.S. trade ban
According to Bloomberg, Huawei plans to produce and sell its smartphone designs in the United States under the banner of partners. This would allow the smartphone giant -- which was banned from doing business with U.S. companies in 2019 -- to resume activity in the region.
The plan is twofold. F... Read more
US temporarily lifts Xiaomi investment ban
A judge in the US has ruled that the current sanctions against Xiaomi are unlawful. Donald Trump had blacklisted the smartphone maker just before he left the White House.
Xiaomi was put on the so-called Communist Chinese Military Companies (CCMC) list. US citizens are not allowed to trade with o... Read more
Xiaomi sues the United States for investment ban
Xiaomi has filed a lawsuit against the American Departments of Defence and Economic Affairs. The smartphone maker considers the investment ban imposed by the US unjustified.
Last month, the United States put Xiaomi on the Entity List. This list includes companies that the US thinks are allied wi... Read more