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Washington on Tuesday said it plans to halt shipments to China of more advanced artificial intelligence chips designed by Nvidia and others. It also restricted a broader swathe of advanced chips and chipmaking tools to a greater number of countries including Iran and Russia, and blacklisted Chinese chip designers Moore Threads and Biren. China's CSI Semiconductor Index (.CSI931865) dropped 1.4% on Wednesday following the announcement, while the STAR Chip Index (.STARCHIP) lost 1.2%. AI stocks were further hit after the U.S. announced further controls on Nvidia chip exports to China, UBS wrote in a note to clients. Moore Threads said it was communicating with all parties involved and evaluating the impact.

Persons: Janet Yellen, Mark Schiefelbein, Biden, Moore, Yang Wang, Charlie Chai, Xi Jinping, Biren, Shen Yiming, Bernadette Baum, Kirsten Donovan Organizations: Treasury, Rights, Washington, Nvidia, CSI Semiconductor, U.S, UBS, Biren, Thomson Locations: United States, Diaoyutai, Beijing, China, Rights SHANGHAI, BEIJING, U.S, Iran, Russia

Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. Reuters reported in June that the very AI chips barred by prior regulations could be purchased from vendors in China's Shenzhen. AI capabilities, aided by supercomputing and advanced chips, improve the speed and accuracy of military decision-making, planning and logistics, according to the regulations released Tuesday. LICENSING EXPANDEDThe new measures also expand licensing requirements for exports of advanced chips to more than 40 additional countries that present risks of diversion to China and are subject to U.S. arms embargoes. "We don’t think incremental semiconductor equipment restrictions are likely to have significant long term effects" on equipment suppliers, Wolfe Research said in a client note.

Persons: Florence Lo, Biden, Moore, Gina Raimondo, Biren, ASML, Lam, Raimondo, Jake Sullivan, Janet Yellen, Alexandra Alper, Karen Freifeld, Stephen Nellis, David Shepardson, Max A, Chris Sanders, Jamie Freed, Daniel Wallis Organizations: REUTERS, Rights, Nvidia, Beijing, Commerce, Reuters, Georgetown University's Center for Security, Emerging Technology, Xilinx, Intel, supercomputing, HIT, AMD, U.S, Lam, Applied Materials, Wolfe Research, Semiconductor Industry Association, Thomson Locations: China, U.S, Iran, Russia, Beijing, China's Shenzhen, Georgetown, CHINA, Macau, Netherlands

☆ Explainer: Biden combines billions in chipmaking grants with China curbs to keep US ahead
▼ + stars: | 2023-10-17 | by ( Alexandra Alper | ) www.reuters.com time to read: +4 min

Semiconductor chips are seen on a printed circuit board in this illustration picture taken February 17, 2023. Those rules aimed to stem the flow of high-end American artificial intelligence chips and chipmaking tools into China. The United States has been locked in a technology war with China since former President Trump blacklisted Chinese telecoms giant Huawei in 2019. BILLIONS FOR CHIPSThe United States, meanwhile, has been helping non-Chinese chipmakers negotiate with states like Arizona, Texas and New York to set up shop or grow existing operations. According to the Semiconductor Industry Association, the share of global semiconductor manufacturing capacity in the U.S. has decreased from 37% in 1990 to 12% in 2022.

Persons: Florence Lo, Biden, Emily Kilcrease, Trump, Joe Biden, ”, Peter Harrell, TSMC, Alexandra Alper, Jonathan Oatis Organizations: REUTERS, Rights, U.S, Center, New, New American Security, Trade Representative, United, Huawei, Biden, chipmaker Micron, Semiconductor Industry Association, Samsung, Intel, Companies, Chips, Science, Thomson Locations: China, United States, New American, U.S, Arizona , Texas, New York, South, Ohio, Taiwan

Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. The rules restrict a broader swathe of advanced chips and chipmaking tools to a greater number of countries including Iran and Russia, and blacklist Chinese chip designers Moore Threads and Biren. Nvidia's business has soared since the imposition of last year's rules because its China-only chips are still better than alternatives. LICENSING EXPANDEDThe new measures also expand licensing requirements for exports of advanced chips to more than 40 additional countries that present risks of diversion to China and are subject to U.S. arms embargoes. The Biden administration also hit 21 countries outside China with a licensing requirement for chipmaking tools.

Persons: Florence Lo, Biden, Moore, Gina Raimondo, " Raimondo, Biren, ASML, Raimondo, Jake Sullivan, Janet Yellen, Alexandra Alper, Karen Freifeld, Stephen Nellis, David Shepardson, Max A, Chris Sanders, Jamie Freed, Daniel Wallis Organizations: REUTERS, Rights, Nvidia, Commerce, HIT, AMD, Intel, U.S, Lam Research, Materials, Embassy, Semiconductor Industry Association, Thomson Locations: China, U.S, Beijing, Iran, Russia, United States, CHINA, Macau, Netherlands, Washington

☆ Globalisation woes create new winners and losers
▼ + stars: | 2023-10-17 | by ( Francesco Guerrera | ) www.reuters.com time to read: +8 min

Over the past seven decades, the world economy has grown 14-fold, powered by a 45-fold expansion in global trade, according to the World Trade Organization. World trade as a percentage of GDP peaked at 61% in 2008. The first is rising geopolitical tensions between the United States and China. The retrenchment is probably going to be gradual: global trade was still worth 57% of world GDP last year. For 2024, the WTO said growth in goods trade would pick up to 3.3%, virtually unchanged from its April estimate of 3.2%.

Persons: Chris Helgren, Joe Biden, Xi Jinping “, ”, Caroline Freund, Aaditya Mattoo, Alen Mulabdic, Michele Ruta, Ursula von der Leyen, it’s, Laura Alfaro, Davin Chor, Dario Perkins, GlobalData’s Perkins, Peter Thal Larsen, Streisand Neto, Thomas Shum Organizations: Warehouse Union, REUTERS, Reuters, World Trade Organization, Economic, Reuters Graphics Reuters, HK, Amperex Technology, European Central Bank, GlobalData, Lombard, Companies, Bureau of Labor Statistics, ECB, Thomson Locations: Vancouver , British Columbia, Canada, Netherlands, United States, China, Beijing, Washington, U.S, Taiwan, Mexico, Vietnam, People’s Republic, Latin America, Chile, Brazil, Ukraine, Geneva

☆ Breakingviews: Globalization woes create new winners and losers
▼ + stars: | 2023-10-17 | by ( Francesco Guerrera | ) www.reuters.com time to read: +8 min

☆ U.S. tackles loopholes in curbs on AI chip exports to China
▼ + stars: | 2023-10-16 | by ( ) www.cnbc.com time to read: +4 min

The latest crackdown on tech exports to China coincides with U.S. efforts to thaw difficult relations between the world's two largest economies. One, named the H800, has as much computing power at some settings used in AI work as the company's more powerful but blocked H100 chip. The U.S. now plans to introduce new guidelines for AI chips that will restrict certain advanced datacenter AI chips that are not currently captured, the U.S. official said. In order to keep AI chips the U.S. views as too powerful from China, the official said the U.S. planned to remove one of the parameters — the "bandwidth parameter" — it has used to restrict exports of certain AI data center chips. This would likely mean the speed at which AI chips talk to each other would be reduced.

Persons: Qilai Shen, Biden Organizations: Bitmain Technologies, Artificial Intelligence, Bloomberg, Getty, U.S, Reuters, U.S . Department of Commerce, Nvidia, The, Commerce Department Locations: Shanghai, China, Beijing, United States, Washington, The U.S, Santa Clara , California, U.S

☆ Exclusive: Upcoming US rules on AI chip exports aim to stop workarounds
▼ + stars: | 2023-10-15 | by ( Karen Freifeld | ) www.reuters.com time to read: +4 min

The new rules will block some AI chips that fall just under current technical parameters while demanding companies report shipments of others, said the official, who provided information on condition of anonymity. Last year, government restrictions kept Nvidia (NVDA.O), the world's most valuable chipmaker, from shipping two of its most advanced AI chips to Chinese customers, chips that have become the industry standard for developing chatbots and other AI systems. The U.S. now plans to introduce new guidelines for AI chips that will restrict certain advanced datacenter AI chips not currently captured, the official said. The update to the October 2022 rules is also meant to cover AI chips as technology evolves. The new restrictions may also close a loophole that gives Chinese companies access to American artificial intelligence chips through Chinese units located overseas, as Reuters reported last week.

Persons: Florence Lo, Biden, Karen Freifeld, Max A, Chris Sanders, Lisa Shumaker, Deepa Babington Organizations: REUTERS, U.S, Reuters, U.S . Department of Commerce, Nvidia, The, Commerce Department, Thomson Locations: U.S, China, The U.S, Beijing

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsTAIPEI, Oct 13 (Reuters) - Taiwan's TSMC (2330.TW) said on Friday it expects to receive permission from the United States to supply its China plant with U.S. chipmaking tools indefinitely, in an easing of Washington's restrictions on foreign chipmakers operating in China. "We expect to receive a permanent authorization through the VEU process," TSMC said, noting that it did not previously need to apply for VEU status. Taiwan Economy Minister Wang Mei-hua said earlier on Friday that TSMC has received the waiver from the United States to supply U.S. equipment to the company's factory in China. However, the United States is continuing efforts to cut China off from top AI technology and plug gaps in export controls. The United States last year shook relations with Beijing when it unveiled new restrictions on shipments of AI chips and chipmaking tools to China, seeking to thwart its military advances.

Persons: Dado Ruvic, TSMC, Wang Mei, Biden, chipmaker, Sarah Wu, Ben Blanchard, Sonali Paul, Muralikumar Anantharaman, Simon Cameron, Moore Organizations: Taiwan Semiconductor Manufacturing, REUTERS, Rights, The U.S . Department of Commerce's, of Industry and Security, Reuters, Taiwan, Samsung Electronics, SK Hynix, Apple Inc, United, TSMC's, Thomson Locations: Rights TAIPEI, United States, China, The, KS, Nanjing, Beijing, TSMC's Taipei

China's Ministry of Commerce has previously accused the U.S. of abusing export controls and called for it to "stop its unreasonable suppression of Chinese companies." Washington has been working to close other loopholes that allow the AI chips into China. In August, it told Nvidia and AMD to restrict shipments of the AI chips beyond China to other regions, including some countries in the Middle East. Sources said the new rules on AI chips expected this month will likely apply those same restrictions more broadly to all companies in the market. But sources say the Biden administration is grappling with that issue as well.

Persons: Florence Lo, Biden, Greg Allen, Hanna Dohmen, George, CSET, Timothy Fist, Alexandra Alper, Karen Freifeld, Chris Sanders, Anna Driver Organizations: REUTERS, United, Reuters, Center for Strategic, International Studies, Commerce Department, Embassy, China's Ministry of Commerce, U.S, Georgetown University's Center for Security, Emerging Technology, International Affairs, George Washington University’s School of International Affairs, Nvidia, Xilinx, Intel, AMD, Amazon Web Services, Washington, New, New American Security, Thomson Locations: United States, Beijing, China, U.S, Shenzhen . Washington, Singapore, Washington, Georgetown, Microsemi . Washington, New American

☆ US allows Samsung, SK Hynix to keep getting US tools in China
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +2 min

Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. The authorization allows them to continue their Chinese chipmaking operations without the headache of applying for U.S. licenses to get new equipment, after new rules issued last October curbed Chinese chipmakers' access to the coveted tools. The October 2022 rules restricted shipments of advanced chips and chipmaking equipment to China as part of a U.S. bid to slow China's technological and military advances. Samsung Electronics makes about 40% of its NAND flash chips at its plant in Xian, China, while SK Hynix makes about 40% of its DRAM chips in Wuxi and 20% of its NAND flash chips in Dalian. The companies together controlled nearly 70% of the global DRAM market and 50% of the NAND flash market as of the end of June, data from TrendForce showed.

Persons: Florence Lo, Karen Freifeld, Chris Sanders, Alexandra Alper, Susan Heavey, Doina Chiacu, Jonathan Oatis Organizations: REUTERS, Rights, United, South Korea's SK Hynix, Samsung, U.S, Commerce Department, Taiwan Semiconductor Manufacturing, Samsung Electronics, SK Hynix, Thomson Locations: China, U.S, Nanjing, Xian, Wuxi, Dalian, TrendForce

☆ The world will pay a high price if China cuts off supplies of chipmaking materials
▼ + stars: | 2023-10-11 | by ( Laura He | ) edition.cnn.com time to read: +7 min

Last year, it accounted for 98% of the global production of gallium and 68% of refined germanium production, according to the US Geological Survey (USGS). “Refining technologies and facilities for processing gallium and germanium cannot be built overnight, particularly considering the environmental implications of their extraction and mining,” she wrote in July. Analysts from the think tank said China’s leading position in the aluminum industry has allowed it to establish a dominant share of global gallium production. According to the USGS, Russia, Japan, and Korea produced a combined 1.8% of global gallium in 2022. Last year, the US Defense logistics Agency introduced a program to recycle optical-grade germanium used in weapon systems.

Persons: Hong Kong CNN —, ”, Xiaomeng Lu, Marina Zhang, Zhang, Ewa Manthey, haven’t, Chris Miller, Gregory Allen, Nyrstar, ” Lu, Manthey Organizations: Hong Kong CNN, geotechnology, Eurasia Group, China, Geological Survey, University of Technology, “, ING Group, Center for Strategic, International Studies, Washington, Analysts, Corporation, CNN, Global, Wadhwani Center, AI, Technologies, CSIS, Rostec, Reuters, US Defense, Agency, Commerce Ministry Locations: China, Hong Kong, Beijing, United States, Europe, Japan, University of Technology Sydney, Kazakhstan, Hungary, Germany, Russia, Korea, Teck, American, Netherlands, Australia, ” Lu, Eurasia, Canada

Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing RightsOct 11 (Reuters) - A U.S. rule that restricts shipments of certain advanced chips to China has been revised and is under final review, according to a government posting, suggesting that further curbs on chips that can be used for artificial intelligence are coming soon. Reuters exclusively reported last week that U.S. officials had warned China to expect rules restricting shipments of semiconductor equipment and advanced AI chips to China to be updated this month. The rule restricting exports of chipmaking equipment was posted for review last week, Reuters reported on Oct. 5. The regulation on controls on high-end chips, advanced computing integrated circuits (ICs), and supercomputing was received for review on Oct. 10, according to the Office of Management and Budget website.

Persons: Florence Lo, Karen Freifeld, Alexandra Alper, Josie Kao Organizations: REUTERS, Reuters, U.S . Department of Commerce, supercomputing, Management, Export, OMB, of State , Defense, Commerce, Energy, Thomson Locations: China, U.S

☆ South Korean firms get waiver on US chip gear supplies to China
▼ + stars: | 2023-10-09 | by ( ) www.reuters.com time to read: +1 min

[1/2] Memory chips by South Korean semiconductor supplier SK Hynix are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. The U.S. had been expected to extend a waiver granted to the South Korean chipmakers on a requirement for licences to bring U.S. chip equipment into China. Once included in the list, there is no need to obtain permission for separate export cases. "We welcome the U.S. government's decision to extend a waiver with regard to the export control regulations. We believe the decision will contribute to the stabilisation of the global semiconductor supply chain," SK Hynix said in a statement.

Persons: Florence Lo, Yonhap, SK Hynix, Joyce Lee, Edmund Klamann Organizations: SK Hynix, REUTERS, Rights, Samsung Electronics, U.S, Korean, The U.S . Department of Commerce, Samsung, SK, Thomson Locations: Rights SEOUL, KS, China, The

☆ South Korean firms get indefinite waiver on US chip gear supplies to China
▼ + stars: | 2023-10-09 | by ( ) edition.cnn.com time to read: +2 min

The United States had been expected to extend a waiver granted to the South Korean chipmakers on a requirement for licenses to bring US chip equipment into China. The United States has already notified Samsung and SK Hynix of the decision, indicating that it is in effect, Choi said. Samsung and SK Hynix, the world’s largest and second-largest memory chipmakers, have invested billions of dollars in their chip production facilities in China and welcomed the move. SK Hynix said: “We welcome the US government’s decision to extend a waiver with regard to the export control regulations. The companies together controlled nearly 70% of the global DRAM market and 50% of the NAND flash market as of end-June, data from TrendForce showed.

Persons: ”, Choi, mok, ” Samsung, SK Hynix Organizations: Seoul Reuters, Samsung Electronics, SK Hynix, United, Korean, Samsung, US Department of Commerce, SK Locations: Seoul, China, United States, Xian, Wuxi, Dalian, TrendForce

☆ China targets 50% growth in computing power in race against U.S.
▼ + stars: | 2023-10-09 | by ( Josh Ye | ) www.reuters.com time to read: +2 min

The MIIT revealed in August that China’s computing power has reached 197 EFLOPS this year, up from 180 EFLOPS in 2022. The ministry said it ranks China as second behind the United States, but did not elaborate on the scale of the U.S. computing power it referenced. According to the plan, China aims to build out more data centres across the country to facilitate businesses' access to computing power. Expansive but less populated provinces in China such as southwestern Guizhou have long been tasked to establish massive data centres to power the country’s internet. For example, Apple (AAPL.O) has set up data centres in Guizhou with a local partner to serve its users in the country.

Persons: Florence Lo, Josh Ye, Sonali Paul Organizations: REUTERS, Ministry of Industry, Information Technology, Google, supercomputing, Apple, Thomson Locations: China, U.S, HONG KONG, Beijing, United States, Guizhou

☆ US curbs on chip tools to China nearly finalized, government posting shows
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +2 min

[1/2] Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. Reuters exclusively reported on Monday that U.S. officials had warned China in recent weeks to expect rules restricting shipments of semiconductor equipment and advanced AI chips to China to be updated this month. The updates would add restrictions and close loopholes in rules first unveiled on Oct. 7, 2022, sources say. A person familiar with the matter, who requested anonymity, confirmed the posting refers to the expected restriction on sending chipmaking tools to China. An anticipated companion rule updating restrictions on exports of high-end chips used for artificial intelligence has yet to be posted by the government.

Persons: Florence Lo, Biden, Karen Freifeld, Alexandra Alper, Anna Driver Organizations: REUTERS, Reuters, Washington, Export, Semiconductor Manufacturing, Management, Budget, OMB, of State , Defense, Commerce, Energy, U.S . Department of Commerce, Thomson Locations: of China, U.S, China, Beijing

Taipei/Hong Kong CNN —Taiwan is investigating whether four of its firms broke US sanctions or its own investment rules when they provided services to Chinese companies that are reportedly helping Huawei build chip factories. Many Taiwanese companies, including chip giant TSMC and Apple supplier Foxconn, operate in China and are closely integrated into its supply chains. For years, Taiwan’s companies have been treading a fine line between engaging China’s commercial opportunities and avoiding potential violations of export controls, particularly as Beijing has ramped up military pressure on the island. But China’s ruling Communist Party claims Taiwan, home to 24 million residents, as its territory — despite never having controlled it. It has long vowed to “reunify” Taiwan with the Chinese mainland, by force if necessary.

Persons: Emile Chang, ”, Chang, Economic Affairs Wang Mei, Wang, China’s, “ Organizations: Hong Kong CNN, Huawei, Ministry of Economic Affairs, CNN, United Integrated Services, K Engineering, Technology, Apple, Foxconn, Taiwan’s, Economic Affairs, Bloomberg, Communist Party Locations: Taipei, Hong Kong, Taiwan, China, United States, China . Washington, Europe, Asia, Beijing

☆ Apple considered switching to DuckDuckGo from Google for Safari - Bloomberg News
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: 1 min

Technology category · October 2, 2023The Biden administration warned Beijing of its plans to update rules that curb shipments of AI chips and chipmaking tools to China as soon as early October, a U.S. official said, a policy decision aimed at stabilizing relations between the superpowers.

Persons: Biden Organizations: Beijing, U.S Locations: China

☆ U.S. warned China to expect updated export curbs in October, official says
▼ + stars: | 2023-10-03 | by ( ) www.cnbc.com time to read: +1 min

The Biden administration warned Beijing of its plans to update rules that curb shipments of AI chips and chipmaking tools to China as soon as early October, a U.S. official said, a policy decision aimed at stabilizing relations between the superpowers. The Commerce Department, which oversees export controls, is working on an update of export restrictions first released last year. "The PRC has been expecting an update around the one year anniversary, based on conversations with administration officials," the U.S. official said, using the abbreviation for People's Republic of China. Providing China with a heads up about the rules is part of a broader bid by the Biden administration to stabilize relations with Beijing. The Biden administration has also sent a series of high-level officials to China, including Commerce Secretary Gina Raimondo in August.

Persons: Joe Biden, Biden, Gina Raimondo, Jake Sullivan, Wang Yi Organizations: White, Beijing, U.S, Commerce Department, People's, Reuters, National, Foreign Locations: Washington , U.S, China, People's Republic of China, Beijing, U.S

The Commerce Department, which oversees export controls, is working on an update of export restrictions first released last year. "The PRC has been expecting an update around the one year anniversary, based on conversations with administration officials," the U.S. official said, using the abbreviation for People's Republic of China. U.S. officials provided the information to Chinese counterparts in recent weeks, the official said, which Reuters is reporting for the first time. The Biden administration has also sent a series of high-level officials to China, including Commerce Secretary Gina Raimondo in August. Treasury Secretary Janet Yellen also gave Chinese officials a warning in July about restrictions on U.S. investment in China released in August.

Persons: Florence Lo, Biden, Gina Raimondo, Jake Sullivan, Wang Yi, Liu Pengyu, Peter Harrell, Janet Yellen, Xi, ASML, Alexandra Alper, Karen Freifeld, Chris Sanders, Anna Driver Organizations: REUTERS, Beijing, U.S, Commerce Department, People's, Reuters, National, Foreign, of Commerce, White House, Economic Cooperation, Thomson Locations: China, WASHINGTON, People's Republic of China, Beijing, U.S, United States, Washington, Asia, San Francisco, Bali, India, Netherlands, Japan

☆ Fixing Intel ends with taking it apart
▼ + stars: | 2023-09-29 | by ( Robert Cyran | ) www.reuters.com time to read: +4 min

A man walks past an Intel wall at the 2009 Computex trade show in Taipei June 3, 2009. REUTERS/Pichi Chuang Acquire Licensing RightsNEW YORK, Sept 29 (Reuters Breakingviews) - Intel (INTC.O) will have to get out of its own way. But now that its manufacturing technology has fallen behind, it’s dragging down both sides of the business. Snag is, Intel’s manufacturing arm will always have a reason to prioritize its own chips to support its design business. CONTEXT NEWSIntel announced on Sept. 29 the start of high volume manufacturing using its Intel 4 process technology at a plant in Leixlip, Ireland.

Persons: Pichi Chuang, Boss Pat Gelsinger, Intel’s, Gelsinger, Jonathan Guilford, Sharon Lam Organizations: Intel, Electronics, Reuters, Thomson Locations: Taipei, Taiwan, Arizona, Leixlip, Ireland

☆ US to indefinitely extend China waiver for South Korean chipmakers -Yonhap
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing RightsSEOUL, Sept 27 (Reuters) - The U.S. is expected to indefinitely extend a waiver granted to South Korean chipmakers Samsung Electronics (005930.KS) and SK Hynix (000660.KS) on needing licenses to bring U.S. chip equipment into China, Yonhap news agency reported on Wednesday. The U.S. Commerce Department has discussed details with the South Korean chipmakers on which equipment could be used in China, said Yonhap, citing unnamed sources, adding that the U.S. would make related announcements as early as this week. Last year, the chipmakers had received authorisation from the U.S. Commerce Department to supply equipment needed for chip production in China for a year without seeking additional licenses. Samsung Electronics and SK Hynix declined to comment. Samsung Electronics has NAND flash memory production in Xian, China, whereas SK Hynix has DRAM chip production in Wuxi and NAND Flash production in Dalian, in which both companies have invested billions of dollars.

Persons: Florence Lo, Yonhap, 1,353.6600, Joyce Lee, Heekyong Yang, Muralikumar Organizations: REUTERS, Rights, South, Samsung Electronics, SK Hynix, U.S . Commerce Department, South Korean, U.S . Department of Commerce, Samsung, U.S, of Commerce, Thomson Locations: Rights SEOUL, U.S, South Korean, China, Xian, Wuxi, Dalian, TrendForce

Hong Kong/Taipei CNN —China and the European Union have agreed to exchange information on export controls as part of efforts to dial down tension over trade imbalances and geopolitical issues. I am glad that we made progress in addressing some market access issues,” Valdis Dombrovskis said in a statement. Hours before meeting He on Monday, Dombrovskis said China’s trade practices have forced the European Union to become more assertive in its dealings with the world’s second largest economy. China recently slapped export curbs on two semiconductor materials in a warning shot to Europe and the United States, after they imposed restrictions on China’s access to advanced chipmaking equipment. Moscow has become increasingly dependent on Beijing since its full-scale invasion of Ukraine in 2022, with trade between Russia and China soaring this year.

Persons: rebalancing, ” Valdis Dombrovskis, Dombrovskis, ”, ” Jorge Toledo, it’s, ” Dombrovskis, — Laura Organizations: Taipei CNN —, European Union, European Commission, EU, Union, Tsinghua University, China, Reuters Locations: China, Hong Kong, Taipei, Taipei CNN — China, Beijing, ”, EU, Europe, United States, Ukraine, Moscow, Russia

Some users and analysts who bought the Mate 60 Pro say it uses a Chinese-made chip and is capable of 5G speeds. We are working overtime urgently to manufacture more so that more people can buy our products," Yu said. [1/4]People check a Huawei Mate 60 smartphone displayed at a Huawei flagship store in Beijing, China September 25, 2023. Huawei updated its official website after the event to add prices for its Mate 60 Pro+, which will start from 8,999 yuan ($1,230), and the Mate 60 RS Ultimate Design version, which is priced from 12,999 yuan. One shopper in the Beijing store, 29-year-old engineer Zhang Nianrong, said he saw the Mate 60 Pro as "carrying significance far beyond its value" and planned to buy it.

Persons: Gina Raimondo's, Apple's, Yu Chengdong, Yu, Maniler, Nelson Mandela, Florence Lo, Bryan Ma, Meng Wanzhou's, Washington . Meng, Ren Zhengfei, Zhang Nianrong, Yelin Mo, Brenda Goh, Sophie Yu, Himani Sarkar Organizations: Huawei Technologies, Huawei, U.S . Commerce, Weibo, REUTERS, IDC, Thomson Locations: BEIJING, SHANGHAI, China, Hong Kong, South Africa, Beijing, Iran, U.S, Washington

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