Here you will find all the articles with the tag: Trade War.
The Taiwanese oligarch says that US sanctions are necessary to "slow down China's progress". Morris Chang, the 91-year-old founder of chip making giant Taiwan Semiconductor Manufacturing Co. (TSMC) this week told Bloomberg that globalization for the chip industry is "over". Chang, whom Bloomber... Read more
1 year ago
Dutch prime minister Mark Rutte and foreign minister Wopke Hoekstra will raise the subject of ASML and US trade bans during a meeting with US President Joe Biden next week, according to the Financial Times. The Financial Times reports that the Dutch delegation intends to discuss US export bans ... Read more
1 year ago
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
1 year ago
ASML will repurchase €12 billion of its own shares between now and 2025. The share price rose 9.7 percent after the announcement. The Dutch giant shared the news ahead of an investor meeting. In addition to the buyback program, ASML predicted revenue of €30 billion to €40 billion by 2025.... Read more
1 year ago
Nvidia announced the A800, a new advanced chip that can be sold to Chinese customers without violating US restrictions targeted at preventing cutting-edge technology exports. According to Nvidia, Chinese computer retailers are already advertising products that include the new chip. The so-called... Read more
1 year ago
Two insiders told Bloomberg that senior United States officials will shortly travel to the Netherlands to discuss technology exports to China. The United States government wants to restrict sales of ASML's lithography machines to Chinese customers. The United States and China are engaged in a t... Read more
1 year ago
Although the US Department of Commerce wants to limit exports to China, American tech companies can export eastward largely unrestricted. An investigation by the Wall Street Journal reveals that a process conducted by the US Department of Commerce allows American tech companies to export nearly... Read more
2 years ago
The tech giant is worried about growing deglobalisation and the "politicisation of technology" The US sanctions have hit Huawei hard and the company has warned that it will see "serious challenges" in 2022 amid "politicisation of technology", and further "deglobalisation". The Chinese conglomera... Read more
2 years ago
The US Department of Commerce has announced that it is imposing sanctions on seven Chinese supercomputer manufacturers. The manufacturers will be on the list of companies that may be involved with the Chinese military. According to the Department, the companies are "involved with building superc... Read more
3 years ago
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
3 years ago
