US protests China’s ban on importing Micron memory chips
The latest action by China is seen as a reaction to trade restrictions imposed by the US last year.
Commerce Secretary Gina Raimondo is fuming over the move by China to ban the import of Micron memory chips from the US. Speaking to reporters over the weekend, Raimondo said that the US "won't tol... Read more
Germany wants to examine Deutsche Telekom’s Huawei pact
The country's Interior Minister expressed "concern" over the close ties between Huawei and Deutsche Telekom.
This week Germany's Interior Minister said she is concerned about the close ties between Deutsche Telekom and the Chinese company Huawei. Minister Nancy Faeser told the Handelsblatt newsp... Read more
Dutch PM to discuss ASML and export bans with president Biden
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
Germany will most likely block Chinese buyout of Elmos chip factory
The agency responsible appears to be reversing its previous stance on the transaction.
The German government will most likely block the sale of Elmos' chip factory to a Chinese competitor, the company said this week. Elmos develops, produces and markets semiconductors, primarily for use in the a... Read more
‘Apple halts deal to acquire Chinese chips amid export restrictions’
Apple reportedly shelved plans to utilize memory chips from China's Yangtze Memory Technologies in light of recent US penalties on technology exports to Chinese firms.
Citing various sources, Nikkei Asia reported that Apple's move is evidence of Washington's campaign paralyzing the supply chain.... Read more
ASML share price plummets following trade ban rumours
Bloomberg sources claim that the US government is lobbying for a trade ban on ASML and China. After the announcement, ASML's share price dropped by almost 5 percent.
The sources are anonymous to avoid sanctions. According to the sources, US officials are urging the Dutch government to limit trad... Read more
Huawei is selling its server x86 business as chips run dry
Huawei is going to sell its x86 server business, after US sanctions left it unable to acquire the chips needed to build the equipment, according to a Bloomberg report. Negotiations with possible bidders continue, with a newswire report saying that the buyer may be a consortium that includes a gover... Read more
ASML CEO warns Europe not to ban export of technology to China
Peter Wennink, the CEO of the EU’s highest-valued tech company said that Europe should not block exports of high-end technology to China, because doing so will only speed up Beijing’s plans to become superior in tech.
The head of the Dutch chip printing giant ASML said that the EU should get... Read more
Huawei reeling after sanctions, considers making EVs
Huawei plans to make electric vehicles under the Huawei brand name and could launch some of the EVs this year. Four sources spoke to Reuters about the story and said that the world’s largest telecoms equipment maker is suffering after US sanctions and has been forced to look at some strategic piv... Read more