On Tuesday, Japan said it is ready to join the United States and allied nations in imposing economic sanctions against Russia, in the event Russia President Vladimir Putin orders an invasion of Ukraine, The statement from Japan, the world’s third… Read More ›
semiconductor
More trade action will be taken against Huawei if needed: U.S. Commerce Secretary Gina Raimondo
In a statement U.S. Commerce Secretary Gina Raimondo said, if necessary the Biden Administration will take further action against China’s Huawei. Washington continues to see the Chinese tech company as a national security threat on a variety of grounds and… Read More ›
US officials to host meeting at White House on global chip shortage, COVD-19’s impact on chip supply chains
In a statement the US Commerce Department said, U.S. Commerce Secretary Gina Raimondo and White House economic adviser Brian Deese are scheduled to host a semiconductor supply chain meeting at the White House on September 23. Officials in the meeting… Read More ›
South Korea to invest $6.48 billion to cut reliance on Japanese imports
The ruling of a South Korean court ignited bilateral trade ties. Since then, relations have tread mostly southwards. On Monday South Korea announced, it plans on investing $6.48 billion (7.8 trillion won) in research and development for local materials, equipment… Read More ›
Memory market likely to recover this year: Micron Technology
Although its second quarter profits have beaten analysts’ estimate, its profit forecast for the third quarter is well below Wall Street’s expectations. U.S. chipmaker Micron Technology Inc stated, it sees a recovery in the memory chip market in the coming… Read More ›
The Trump administration likely to protect semiconductor, ship building and aluminum industries citing national security concerns
The Trump administration is leaving no stone unturned to ensure that American business interests are protected from those trying to exploit loopholes and weaknesses in existing treaties. Wilbur Ross, the U.S. Commerce Secretary has told the Wall Street Journal that… Read More ›