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The United States and China have been locked in a technology cold war for several years. The COVID-19 pandemic, which originated in the Chinese city of Wuhan, is now pressuring Washington to make even stronger moves against Beijing by fueling anti-China sentiment among U.S. voters and legislators alike. But the
China’s deadly coronavirus outbreak has left few of its economic sectors unscathed, but the effects of shutdowns on its auto manufacturing operations have been -- and will continue to remain -- especially acute. Hubei province, the epicenter of the outbreak, has asked companies not to restart shuttered operations until at
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.
Conspicuously absent from an emerging China-U.S. trade truce is the outstanding issue of U.S. export restrictions against Huawei. The omission reveals an uncomfortable and growing reality for U.S. tech firms: Politically convenient trade truces will come and go, but the strategic competition between the United States and China is deepening.
South Korea's difficult economic environment won't just make it harder for President Moon Jae In to enact his political agenda; in the next few months, it will threaten the continuity of his government. As with the rest of the Asia-Pacific, South Korea's economy is contending with slackening global demand, the
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?
After years of litigation involving a number of countries and disputes, Qualcomm and Apple agreed to put aside their differences and settle their disputes worldwide. As part of their settlement, the two U.S. tech giants have also agreed to a new six-year supply agreement for Apple to buy Qualcomm chips,
Semiconductor manufacturers create the computer chips that power today's growing multitude of electronic devices -- from coffee makers to self-driving cars, and everything in between. The industry, therefore, plays a crucial and increasingly embedded role in the global economy. But today, manufacturers are facing the highest levels of geopolitical risk
A new source of foreign direct investment is emerging in many sub-Saharan African nations: the kingdom of Morocco, situated right on the continent itself. Owing in part to quick and decisive reforms in 2011, Morocco largely avoided the Arab Spring turbulence that shook other parts of the Arab world in