Tag - economic-security

 
 

ECONOMIC SECURITY

The Huawei Mate 60 Pro, launched in August 2023 and powered by a sophisticated chip, was seen as a symbol of the China's technological resurgence despite Washington's ongoing efforts to cripple its capacity to produce advanced semiconductors.
BUSINESS / Tech
Feb 22, 2024
U.S. targets China chipmaking plant after Huawei Mate 60 Pro
The Biden administration seeks to cut off China's most advanced factory from more American imports after it produced a sophisticated chip for the phone.
Mining magnate Dan Gertler in Congo in 2012
BUSINESS / Tech
Feb 20, 2024
China's dominance of EV metals prompts U.S. to revisit stockpile 'panic button'
Budget cuts have shrunk U.S. strategic reserves to record lows, leaving it facing shortages of the raw materials needed to execute an energy transition.
U.S. President Joe Biden in Washington on Monday. Biden's re-election campaign has launched a TikTok account in a bid to reach younger voters, a move that comes as the popular short-form video platform confronts concerns over its ties to China.
BUSINESS / Tech
Feb 13, 2024
Biden’s TikTok foray triggers bipartisan angst over app's China ties
The bipartisan leaders of a House committee charged with curbing China's influence expressed concern Monday at President Joe Biden’s campaign on TikTok.
Pills move through a sorting machine at a pharmaceutical plant in Visakhapatnam, India. A recent report shows one Indian firm using suppliers with ties to China’s military industry, questionable track records on safety and bases in Xinjiang.
BUSINESS / Companies
Feb 6, 2024
U.S. taps Indian pharma, but supply chains still lead back to China
A recent report shows one Indian firm using suppliers with ties to China’s military industry, questionable track records on safety and bases in Xinjiang.
The People's Liberation Army's Academy of Military Sciences had used an open-source standard known as RISC-V to reduce malfunctions in chips for cloud computing and smart cars.
ASIA PACIFIC / Politics
Feb 5, 2024
China bets on open-source chips as U.S. export controls mount
RISC-V is free to use and has a simpler outline, often leading to more energy-efficient chips, and users can build atop the framework to suit their needs.
The United States Steel Clairton Coke Works in Clairton, Pennsylvania, in December
BUSINESS / Companies
Feb 4, 2024
American steel buyers hail Nippon deal that scares Washington
Both Democratic Senators from U.S. Steel’s home state of Pennsylvania want the deal killed, citing fears that union jobs would be impacted.
Republican presidential candidate and former U.S. President Donald Trump holds a campaign rally ahead of the Republican caucus in Las Vegas on Saturday.
BUSINESS / Companies
Feb 1, 2024
Trump says he'd block Nippon-U.S. Steel deal, dubbing it 'terrible'
The former U.S. president aims to win over blue-collar union voters who could play a key role in states like Pennsylvania, where U.S. Steel is based.
The Microsoft logo hangs beside an illuminated iCloud icon at the CeBIT 2017 tech fair in Hannover, Germany.
BUSINESS / Tech
Jan 30, 2024
U.S. wants cloud firms to flag foreign users in China AI race
The White House proposal, released Monday, requires the firms to reveal foreign customers’ names and IP addresses.
Taiwan Semiconductor Manufacturing Co.’s new factory in Kikuyo, Kumamoto Prefecture, in May 2023
BUSINESS / Tech / FOCUS
Jan 29, 2024
Can Japan again master semiconductors to relive its glory days?
Competition in the sector is fierce, with many countries pushing to develop their own capabilities and insulate supply chains from geopolitical tensions.
Chinese President Xi Jinping, his French counterpart, Emmanuel Macron, and European Commission President Ursula von der Leyen meet in Beijing in April last year.
WORLD / Politics
Jan 25, 2024
With China in mind, EU aims to toughen rules on foreign trade and investment
The package includes requiring member states to potentially prevent foreign direct investments that may pose a risk to the bloc’s security.
The SK Hynix factory in Dalian specializes in 3D NAND flash memory used in smartphones and other devices. NAND accounts for an increasing portion of the company’s revenue, around 27% of which comes from China.
BUSINESS / Tech
Jan 23, 2024
U.S. chip battle with China catches South Korea in the crossfire
Korean firms have to balance relations with both countries — one, a source of cutting-edge chipmaking technology and the other, the world's largest chip market.
TSMC had said it would make 3nm chips at the second factory, which is expected to be more advanced than the first in Arizona, but on Thursday, it said that incentives from the U.S. government would help determine how advanced the tech inside will be.
BUSINESS / Tech
Jan 19, 2024
TSMC’s second factory in Arizona delayed as U.S. grants remain in flux
Site will start operations only in 2027 or 2028, instead of the chipmaker's earlier guidance of 2026.
Li Qiang at the World Economic Forum on Tuesday
WORLD / Politics
Jan 17, 2024
In Davos, Chinese premier takes aim at trade 'barriers'
Li's remarks came as the World Economic Forum's 54th annual conference is preoccupied with a slew of global risks, including wars in Ukraine and Gaza.
The ASML headquarters and factory in Veldhoven, Netherlands
WORLD / Politics
Jan 2, 2024
U.S. pushed Dutch tech company to block Chinese sales
ASML had licenses to ship three top-of-the-line deep ultraviolet lithography machines to Chinese firms until January, when new Dutch restrictions took full effect.
An employee inspects integrated circuit boards at a factory in Suzhou, China.
BUSINESS
Dec 22, 2023
U.S. to scrutinize Chinese chipmakers as Biden mulls tariffs
Over 100 companies in various sectors to be surveyed on their procurement and use of legacy chips
Workers disassemble vehicle battery packs in a workshop in Dongguan, China.
BUSINESS / Economy
Dec 22, 2023
China bans export of rare earths processing tech over security
China has significantly tightened rules guiding exports of several metals this year, in an escalating battle with the West over control of key minerals.
A U.S. Steel coke works in Clairton, Pennsylvania
EDITORIALS
Dec 22, 2023
A steel deal that’s good for Japan and the U.S.
Nippon Steel’s announcement that it plans to purchase U.S. Steel has triggered an uproar in the United States.
The U.S. Steel Clairton Coke Works in Clairton, Pennsylvania. U.S. President Joe Biden's top economic advisor said the purchase of the firm by Nippon Steel deserves serious scrutiny, in the latest sign of political pressure over the deal.
BUSINESS / Companies
Dec 22, 2023
Nippon-U.S. Steel deal deserves 'serious scrutiny,' White House says
The White House said it views a strong domestic steel industry as vital to the U.S. economy and national security.
A worker inspects semiconductor chips at a chip-packaging plant in Ipoh, Malaysia, in 2021. Malaysia currently accounts for 13% of the global market for semiconductor packaging, assembly and testing.
BUSINESS / Tech
Dec 18, 2023
Chinese firms look to Malaysia to assemble high-end chips
Dearth of advanced chip-packaging services in China leads firms to venture abroad amid U.S. sanctions.
U.S. Commerce Secretary Gina Raimondo and Chinese Vice Premier He Lifeng meet for talks in Beijing on Aug. 29.
COMMENTARY / World
Dec 12, 2023
The Washington-Beijing tech war is just getting started
U.S. Commerce Secretary Raimondo emphasizes the need to prevent China from accessing cutting-edge technology, citing national defense concerns.

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