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4 mentions found


☆ Mexico replaced China as America's top trade buddy — and it shows how the global economy is rapidly transforming
  + stars: | 2023-07-12 | by ( Cork Gaines | ) www.businessinsider.com   time to read: +5 min
Trade between the US and Mexico reached $263 billion during the first four months of this year. That pushed Mexico past China and Canada as the top trade partner since the start of the pandemic. China was the top partner for much of the 2010s and again at the start of the pandemic. Trade with Mexico accounted for 15.4% of all the goods exported and imported by the US, just ahead of America's trade totals with Canada (15.2%) and China (12.0%). Trucks carrying shipping containers line up as they are flagged for a secondary inspections at the Port of Manzanillo, Mexico.
Persons: Luis Torres, Donald Trump's, Torres, Nearshoring, Peter S, Goodman, Michael Burns, Salwan Georges, Shannon O'Neil's, Greg Rosalsky, O'Neil, Joe Biden, Antony Blinken, Xi Jinping, Janet Yellen, Xi, Yellen Organizations: Service, Federal Reserve Bank of, Canada, Dallas Fed, New York Times, Walmart, Murray Hill Group, Trucks, Washington, Getty, NPR Locations: Mexico, China, Canada, Wall, Silicon, Federal Reserve Bank of Dallas, Pacific, Port, Manzanillo, USA, United States
☆ iDEAL Semiconductor targets cheaper electric car chips with $40 mln funding
  + stars: | 2023-05-16 | by ( Stephen Nellis Jane Lee | Stephen Nellis | Jane Lee | ) www.reuters.com   time to read: +2 min
But the materials are expensive and still face supply bottlenecks compared with the cheaper standard silicon used in most chips. The company has previously raised funding from semiconductor manufacturing equipment maker Applied Materials (AMAT.O). iDEAL has partnered with Bloomington, Minnesota-based chip manufacturer Polar Semiconductor to make its first chips and is planning to roll them out later this year. Granahan said silicon carbide chips can still beat iDEAL's for certain applications including the extremely high voltage chips needed for applications such as electric semi trucks. But he said iDEAL's chips could be competitive for about 90% of the overall market for power chips.
☆ Pro Take: Election Will Influence Tech Policy on the Margins
  + stars: | 2022-11-10 | by ( Steven | ) www.wsj.com   time to read: +4 min
Nonetheless, when all results are in, election results may shape technology policy and regulation in some important respects. There are some matters of tech policy that won’t be addressed in any single election, because they are long-term issues, according to Michael Burns, partner with private-equity and venture-capital investor Murray Hill Group. The Biden administration is taking aggressive action that includes cutting off supplies of advanced semiconductors and machines used to make them, according to Mr. Burns. “The next challenge is aligning on industrial policy with outcomes measured in 5 to 10 or even 15-year horizons. This is hard in a system where the next election cycle is considered long term.”Write to Steven Rosenbush at steven.rosenbush@wsj.com
☆ Chip-Making Push Expected to Boost U.S. Innovation
  + stars: | 2022-09-20 | by ( Angus Loten | ) www.wsj.com   time to read: +3 min
U.S. efforts to boost domestic semiconductor manufacturing will have a beneficial impact on homegrown innovation, in part by ensuring tech startups have the resources they need to scale emerging technologies, industry experts said. Newsletter Sign-up WSJ | CIO Journal The Morning Download delivers daily insights and news on business technology from the CIO Journal team. PREVIEWMs. Levine, speaking Tuesday at The Wall Street Journal’s CIO Network online summit, said a robust domestic semiconductor industry can help unlock downstream innovation. The bipartisan Chips and Science Act, which Congress approved in July, goes a long way to boost innovation, Ms. Levine said. But in a capital-intensive industry like semiconductor fabs, where other countries have long supported private manufacturers, “it’s problematic that the U.S. isn’t involved,” Mr. Burns said.
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