marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
semiconductors
12/05/2024
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By Arsenio Toledo
TRADE WAR: China bans export of raw materials to U.S. for high-tech and military applications
The Ministry of Commerce of the People’s Republic of China (PRC) has announced a ban on exports to the United States of several raw materials that could be manufactured for high-tech and military applications. Among the raw materials that were banned were gallium, germanium and antimony. The Commerce Ministry announced the move after Washington, D.C. expanded […]
12/04/2024
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By Ethan Huff
Beijing fights back against U.S. economic “bullying” after Washington restricts chipmaking exports to China
The U.S. Department of Commerce announced an export ban to China this week that covers 24 different types of microchip manufacturing equipment, prompting Beijing to issue a statement that “necessary measures” will now be taken to safeguard China’s semiconductor industry. The Commerce Department under President Biden will no longer allow the equipment, which includes three […]
08/09/2024
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By Kevin Hughes
Closure of U.K. microchip factory puts British defense projects in limbo
The British Armed Forces is preparing for possible supply interruptions after one of the last surviving microchip plants in the United Kingdom lost its contract with Big Tech company Apple and stopped taking new orders. The United States-based company Coherent currently has a production facility in Newton Aycliffe in northern England. Its clients include the Italian […]
01/12/2024
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By Kevin Hughes
War between the U.S. and China over Taiwan could cost the global economy a staggering $10 TRILLION
A war over Taiwan between the United States and China could cost an unimaginable $10 trillion, equal to about 10 percent of the global GDP, dwarfing the impact of the Wuhan coronavirus (COVID-19) pandemic and the 2008 Global Financial Crisis. This is according to an analysis conducted by Bloomberg Economics, which noted that both the Global […]
07/10/2023
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By Arsenio Toledo
China enacts export restrictions on two crucial metals amid escalating trade war with US
China has just instituted massive export restrictions on two metals – gallium and germanium – necessary for the manufacturing of crucial technologies. According to a notice by China’s Ministry of Commerce and General Administration of Customs, the export controls will come into effect on August 1. These restrictions also include several of their compounds. The communist nation said […]
05/04/2023
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By Belle Carter
Arizona and Texas to become hubs for EV, battery and semiconductor companies
The states of Arizona and Texas are becoming a hub for makers of electric vehicles (EVs), batteries and semiconductors. LG Energy Solution has announced a $5.5 billion battery manufacturing facility near Phoenix, while Taiwan Semiconductor Manufacturing Co. (TSMC) is investing $40 billion to open the company’s second chip plant in Arizona. “We always had a […]
03/13/2023
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By Oliver Young
Intelligence chief warns: China is weaponizing supply chain dominance
Director of National Intelligence Avril Haines has warned that China is already using its supply chain dominance to force foreign companies and countries to transfer technologies and intellectual property to it. Haines issued the warning through her office’s “Annual Threat Assessment” report. “The government of China is capable of leveraging its dominant positions in key global […]
01/27/2023
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By Arsenio Toledo
US officials to talk with Dutch counterparts about restricting exports of chip-making gear to China
Officials from the United States are meeting with counterparts from the Netherlands in Washington, D.C. on Friday, Jan. 27, to talk about putting up new restrictions on exporting semiconductor manufacturing equipment to China. The two nations could reach an agreement on mutual export bans on the same day if they can agree on the details, […]
01/07/2023
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By Arsenio Toledo
Samsung Q4 2022 profits DROP 69% due to slowing global economy and plummeting demand for semiconductors
Global electronics manufacturing giant Samsung’s operating profits dropped by 69 percent in the fourth quarter of 2022. The downturn reduced Samsung’s operating profit to $3.4 billion in the quarter that ended in Dec. 2022. The company has cited the diminished demand for electronics products and semiconductors resulting from the slowing global economy as the main […]
10/21/2022
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By Ethan Huff
Taiwan exports are critical to U.S. supply chain – here’s what the Taiwanese produce
For many decades, the United States and Taiwan have enjoyed a longstanding and vibrant trade relationship – and one that is absolutely critical for the economic viability of both nations. High-end electronics and their components (i.e., microchips and semiconductors) that the United States relies on are often manufactured in Taiwan, usually at substantially higher quality […]
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