U.S.-China trade escalation singles out hostages

  • 📰 Breakingviews
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The U.S.-China trade war is escalating, not just in rhetoric about the coronavirus but also in the world of high technology. The tensions could leave multinationals like Apple vulnerable, says rob_cyran.

The U.S. Commerce Department said on May 15 it was tightening rules to “strategically target Huawei’s acquisition of semiconductors that are the direct product of certain U.S. software and technology.” Foreign companies that use U.S. chipmaking equipment will be required to obtain a U.S. license before supplying certain chips to Huawei Technologies or its affiliates.

China’s Global Times reported that the Chinese government is ready to put U.S. companies on an “unreliable entity list.” It said investigations and restrictions could be imposed on Apple, Cisco Systems, and Qualcomm. Separately, chipmaker Taiwan Semiconductor Manufacturing said on May 14 that it would build an approximately $12 billion advanced factory in Arizona, with"the mutual understanding and commitment to support from the U.S. federal government and the State of Arizona."

Last week, Intel said it was in discussions with the U.S. government about increasing domestic production of cutting-edge microelectronics.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

ReutersBiz rob_cyran If Apple has not already started construction in other country’s for an alternative manufacturing facility then Tim Cook should be replaced. Phase 1 negotiations should have made that clear. Maybe like the Chinese he is waiting for the election results first, that would b a error

ReutersBiz rob_cyran Finally, all the multinational enterprises have to choose sides. The inevitability of decoupling can soon become reality.

rob_cyran Those big multinational companies are all prostitutes. They go wherever has money without any social and national responsibility.

ReutersBiz rob_cyran Is just the start, get ready for a decade long war, including bombs shelling over large area of dragon. Chyna will pay the price of his misadventures. Bad spell for chyna starts now. Lives of 300k people hv been lost, their curse will be blight on chyna

Reuters rob_cyran Et oui, parce que c'est la chine qui détient la matière première.....de l'iPhone

Reuters rob_cyran Apple wanted to go cheap with China, but still charge their exorbitant prices. They are learning a valuable lesson in long-term strategy.

Reuters rob_cyran Chinese are the demons we are taught about in all religeon.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 470. in BUSİNESS

Business Business Latest News, Business Business Headlines