Tag: us-china trade war

Here you will find all the articles with the tag: us-china trade war.

US protests China’s ban on importing Micron memory chips

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

date1 year ago
Germany wants to examine Deutsche Telekom’s Huawei pact

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

date1 year ago
Dutch PM to discuss ASML and export bans with president Biden

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

date1 year ago
Germany will most likely block Chinese buyout of Elmos chip factory

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

date2 years ago
ASML share price plummets following trade ban rumours

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

date2 years ago
Huawei is selling its server x86 business as chips run dry

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

date3 years ago
ASML CEO warns Europe not to ban export of technology  to China

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

date3 years ago
Huawei reeling after sanctions, considers making EVs

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

date3 years ago