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Search resuls for: "Wingtech Technology"


4 mentions found


☆ Latest U.S. strike on China's chips hits semiconductor toolmakers, Reuters reports
  + stars: | 2024-12-02 | by ( ) www.cnbc.com   time to read: +4 min
A Chinese flag is displayed next to a "Made in China" sign seen on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. Florence Lo | ReutersThe U.S. will launch its third crackdown in three years on China's semiconductor industry on Monday, restricting exports to 140 companies including chip equipment maker Naura Technology Group , among other moves, according to two people familiar with the matter. Among Chinese companies facing new restrictions are nearly two dozen semiconductor companies, two investment companies and over 100 chipmaking tool makers, the sources said. However, it remains years behind chip industry leaders like Nvidia in AI chips and chip equipment maker ASML in the Netherlands. For the first time, the U.S. will add two companies that make investments in chips to the entity list.
Persons: Florence Lo, Beijing's, Biden, Donald Trump, Lam Organizations: Reuters, U.S, Naura Technology, SiCarrier Technology, Republican, Lam Research, ASM International, Swaysure Technology Co, Qingdao SiEn, Shenzhen Pensun Technology, China's Huawei Technologies, Semiconductor Manufacturing, Capital, Wingtech Technology, Companies Locations: China, U.S, Singapore, Malaysia, Qingdao, Shenzhen, Netherlands, Israel, Taiwan, South Korea, Japan
☆ How Apple's China suppliers could actually benefit from U.S. trade tensions, according to JPMorgan
  + stars: | 2024-10-27 | by ( Evelyn Cheng | ) www.cnbc.com   time to read: +3 min
After a sweeping look at global trade shifts, JPMorgan strategists have concluded that some of Apple's Chinese suppliers could benefit from the trend of supply chain diversification. The Oct. 18 report looked at 10 aspects of "the great supply chain relocation and the rise of trading blocs." The analysis ranged from China's dominance in the global supply chain and overcapacity concerns, to U.S. policy. Calls for supply chain diversification picked up during the Covid-19 pandemic. "Further, they highlight names that could benefit from Apple's supply chain relocation," the report said.
Persons: Donald Trump's, Trump, Kamala Harris, Oppo, Bernstein, — CNBC's Michael Bloom Organizations: JPMorgan, Republican, Democratic, Biden, Apple, Wingtech, Luxshare Precision Industry Locations: U.S, China, India, ASEAN, Mexico, iPhones, GoerTek, Luxshare, Vietnam, Malaysia, Philippines, Shenzhen, Indonesia
☆ U.K. Orders Chinese-Owned Company to Unwind Chip-Factory Deal
  + stars: | 2022-11-17 | by ( Alistair Macdonald | ) www.wsj.com   time to read: 1 min
Newport Wafer sits in the middle of the semiconductor supply chain that transforms logs of silicon into circular wafers that eventually get cut into chips. The U.K. government said a Chinese-owned company must unwind its acquisition of a British computer-chip factory more than a year after the takeover was completed, saying the deal posed a risk to national security. In a decision published late Wednesday, the U.K. ordered Nexperia BV—a Dutch subsidiary of China’s Wingtech Technology Co.—to sell at least 86% of Newport Wafer Fab , a manufacturing facility in Wales.
☆ No China is no fix for Britain’s industrial woes
  + stars: | 2022-11-17 | by ( ) www.reuters.com   time to read: +2 min
LONDON, Nov 17 (Reuters Breakingviews) - The British government has blocked the sale of a silicon wafer factory in Wales to a subsidiary of China’s Wingtech Technology (600745.SS). It’s a sign of the growing wariness among western governments of the risks involved in Chinese investment. The decision to force Netherlands-based Nexperia to sell most of its stake in the Newport Wafer Fab business isn’t illogical. The plant makes basic silicon wafers, used in chips for switches in domestic appliances such as vacuum cleaners. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
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