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Because Wuhan is a relatively minor player in China's technology industry, the sector has been spared the worst of the new coronavirus. That could change if the outbreak spreads to the country's R&D heartland right next door.
The Indian government is reportedly considering a proposal to offer incentives, including subsidized loans, to suppliers of Amazon and Samsung to establish factories in the country so as to support New Delhi's "Make in India" campaign, Bloomberg reported Jan. 15.
Both Tokyo and Seoul will be reticent to ease their trade spat until the economic toll outweighs the political risk of conceding. But for South Korea, that reckoning will come sooner due to its semiconductor sector's reliance on Japanese exports.
For the first time since it instituted stricter controls on some exports to South Korea, Japan has approved a shipment of hydrogen fluoride, a critical component of semiconductor manufacturing, to South Korea, the Japan Times reported Aug. 30, citing South Korean Trade Ministry officials.
Japan has approved a second shipment of high-tech supplies to South Korea for Samsung's chipmaking production, Reuters reported Aug. 20, citing sources. A South Korean official confirmed the report but added that uncertainty would remain until Tokyo lifts export controls against Seoul.
The Japanese Ministry of Industry has issued an export license for one of three sensitive chemicals to a South Korean company for the first time since Japan put export restrictions on these products in early July, The Japan Times reported Aug. 8.
The U.S. Federal Trade Commission says Qualcomm is violating antitrust laws with its sales and licensing of 5G technology. A federal judge agrees. Does the ruling shoot the U.S. in its own foot when it comes to competition with China?
The arrest of Huawei CFO Meng Wanzhou for suspected sanctions violations at Washington's request complicates Beijing's ability to engage in trade talks, given the company's critical importance to the Chinese economy.
The U.S. actions targeting its tech industry conjure memories of the Opium Wars for Beijing. To prevent history from repeating, China's leaders will redouble efforts to acquire high-end technology as quickly as possible.
Mexico's burgeoning economy has enabled criminal elements to grow in symbiosis, utilizing the country's transport infrastructure to expand volume. But the tendrils of organized crime are now damaging the host.