Nvidia chief Jensen Huang says the AI chip company plans to maintain presence in China as US plans new sanctions this week
TECHNOLOGY POWERING BUSINESS
News trade
China Chip Production Slows Ahead Of New US Sanctions
Chip production slows in China in October ahead of expected export controls, while annual EV production capacity surges past 10 million units
Huawei Asks Judge To Dismiss Charges In US Federal Case
Huawei asks judge to dismiss many charges in US controversial federal case that dates back to 2018 under first Trump administration
Japan To Invest $65bn In Chip Industry
Japan announces $65bn in subsidies and other incentives to boost production of advanced chips and AI semiconductors amidst China sanctions
US Orders TSMC To Halt AI Chip Sales To China
US Commerce Department orders Taiwan's TSMC to halt sales of advanced AI accelerators to mainland Chinese customers as of Monday
US Export Controls Fuel Revenue Surge For Chip-Tool Maker Naura
Chinese chip manufacturing equipment maker Naura Technology sees spike in share price after reporting 50 percent revenue rise for 2023
China Launches Supply Chain Expo Amidst US Pressure
China to host world's first national supply chain expo in Beijing in November as US and allies introduce chip sanctions
US Considers Sanctions On Chinese Memory Chip Makers
US administration considers sanctions that would block manufacturing of advanced NAND flash memory chips in China amidst competitive threat to US firms
US, Europe Reach Agreement On Chip Supplies, China, Tech Rules
Inaugural agreement between US and Europe to deepen co-operation centred around chip supplies, rules governing big tech, and trade with China
Tesla Sues US Government Over Chinese Tariffs
Electric car maker Tesla is suing Uncle Sam, in an effort to halt tariffs imposed by US President Donald Trump on Chinese imports
SMIC In ‘Complete Shock’ Over US Sanctions Threat
Shares in Chinese chip maker SMIC have plummeted over concerns it will get dragged into US-China tech cold war and put on a trade blacklist
US Pulls Out Of Global Digital Tax Talks
European Union warns it will impose its own digital tax on technology giants, after the United States withdraws from global tax reform negotiations
Apple’s App Store ‘Facilitates More Than $500bn’ In Trade Worldwide
Apple says App Store facilitates more than half a trillion dollars in worldwide trade, with the lion's share being physical sales from which it doesn't take a commission
France Hits Back At US Trade Threat Over Digital Tax
After the United States begins investigations this week into digital tax scheme of some countries, France warns of unity risk
US Extends Huawei Trade Licence Again
US Commerce Department grants its fifth licence extension for Huawei, to allow the Chinese firm to continue trading with US companies
France, US To Attempt Digital Tax Agreement In Two Weeks
Both countries have set the target of two weeks to reach agreement over France's implementation of a digital or tech tax, mostly on US tech firms
Digital Tax Payback As US Vows Tax On Champagne, Cheese
Cheese, champagne, and handbags may be hit with punitive duties of up to 100% by the United States in response to France's digital tax
Trade Talks Begin: US To Allow Select Firms To Sell To Huawei – Report
Trade negotiations between China and the US resume, as US reportedly signals easing of Huawei blacklisting
Huawei CFO Faces Canadian Court As US-China Row Escalates
Lawyers for detained Huawei chief financial officer Meng Wanzhou argue Canadian authorities acted illegally in arresting her at the request of the US
US Commerce Department ‘Has Received 130 Huawei Exemption Requests’
Applications pile up, but department has yet to issue a single licence allowing US firms to get around Huawei blacklist, amidst US-China deadlock
US Grants 90-Day Extension To Huawei Blacklist Reprieve
Administration says US firms are to be given more time to find other telecoms equipment suppliers before ban comes into effect
US Signals Huawei Ban Relaxation
US will issue licences to companies exporting goods to Huawei, so long as there is no national security threat
US May Seek To Ban China From 5G Supply Chain
Proposal could bar the likes of Nokia and Ericsson from selling next-generation 5G equipment to US telcos if it is designed or manufactured in China
Huawei Row Overshadows Trump State Visit To Britain
The US president is expected to use a meeting with prime minister Theresa May to warn the UK to ban China from 5G networks
Alibaba Looks To Hong Kong For £16bn Secondary Share Offer
The Chinese e-commerce giant previously raised $25bn on the New York Stock Exchange in what is still the world's biggest-ever market debut
US Start-Up Accuses Top Huawei Executive Of Conspiracy To Steal Trade Secrets
The confrontation between Huawei and a start-up co-founded by one of its ex-employees arrives amidst broader trade tensions with China
Chinese Drones Pose Spying Risk, US Authorities Warn
Drones manufactured or sold by Chinese firms, such as market leader DJI, may pose a risk to national security or critical infrastructure, authorities say
France Plans 5G Launch For Next Year In Spite Of Trade Turmoil
The country says it is not planning to ban Huawei or any other company, but will make decisions based on security and network performance
US Delays Huawei Sanctions, Citing Stability Risk
Google said it would resume working with Huawei after the announcement of the 90-day stay of execution, while Huawei says extension 'doesn't mean much'
Google Restricts Huawei’s Access To Android After US Blacklisting
Google says it is 'reviewing the implications' of the US ban but that current Huawei Android devices will retain access to the Google Play store and Google security services