In a major escalation of the US-China tech war, China’s memory chip sector is expected to be particularly hard hit by new export restrictions imposed by the United States, according to Chinese analysts and commentators. That bleak assessment comes after Yangtze Memory Technologies Co (YMTC), China’s top memory chipmaker, and 30 other Chinese “entities” were […]Continue Reading
Chinese pundits are divided over Washington’s proposed plan to restructure America’s industrial supply chain by decoupling with China. Chen Feng, a writer for Guancha.cn, or The Observer, writes that US companies will not be able to relocate their high-value production lines from China to nearby countries such as India and Vietnam, which he says lack […]
The post Chinese pundits split over US decoupling prospects appeared first on Asia Times.
The battle of the billionaires has become the stuff of headlines. The world’s richest man, Elon Musk, has gone head-to-head with Australia’s richest man, billionaire Andrew “Twiggy” Forrest. Musk, the founding investor in battery-powered car giant Tesla, has famously mocked hydrogen fuel-cell vehicles as “mind-bogglingly stupid.” Forrest has just placed a very large bet on […]
The post Eco-titans battle and rage for the green power future appeared first on Asia Times.
China’s DJI, the world’s largest drone maker, has been accused by the United States of having ties with the Chinese army after its products were reportedly used by Russian troops to invade Ukraine. On October 4, the United States Department of Defense (DoD) blacklisted 13 Chinese companies, including DJI, BGI Genomics and China State Construction […]
The post US blacklists China’s DJI drones for alleged PLA ties appeared first on Asia Times.
SEOUL – The long, happy times enjoyed by the electronics sector are coming to an end, if a Friday alert published by industry colossus Samsung is any indication. According to an earnings guidance published today, the company anticipates consolidated sales of approximately 76 trillion won ($53.7 billion) and operating profits of 10.8 trillion ($7.6 billion) […]
The post Samsung rings the alarm for electronics sales appeared first on Asia Times.
The US-China strategic rivalry extends to the struggle for control over the digital economy — particularly digital infrastructure and technological innovation. China’s digital economy is among the most vibrant in the world, ranking second globally in 2021 at US$7.1 trillion. And it has become a crucial part of the relations between China and Gulf states including Bahrain, […]
The post US looks on while China takes the Gulf digital appeared first on Asia Times.
A startup set up by a former Huawei executive in Shenzhen has drawn Washington’s attention as it will reportedly supply chips to US-sanctioned Huawei Technologies. Established in June 2021, Shenzhen Pengxin Micro Integrated Circuit Manufacturing Co Ltd will receive its ordered chip-making machines next year and start producing 28 nanometer (nm) chips in 2025, media reports said. […]
The post Huawei’s new chip supplier draws US attention appeared first on Asia Times.
Risk gauges in Germany’s government debt market rose last week to levels higher than recorded in the 2008 world financial crash, as margin calls forced the liquidation of derivatives positions held by banks, insurers and pension funds. Big institutional investors that spent the past ten years insuring their portfolios against falling interest rates now face […]
The post Global margin call hits European debt markets appeared first on Asia Times.
For decades, global scientists have searched for low-cost methods to store excess electricity generated during non-peak hours for use during peak times. Yet both of the two most commonly used methods have serious limitations. Batteries offer the highest energy efficiency – more than 90% – but they are expensive. Hydroelectric storage – storing kinetic energy […]
The post China blowing hot on compressed air energy storage appeared first on Asia Times.
The disruptions caused by the Covid-19 pandemic have limited the supply and increased the cost of semiconductors. One of the clearest impacts of the chip shortage has been on the automotive sector. Reestablishing some semblance of normality within the semiconductor supply chain has, as a result of this and similar shortages, moved from theoretical discussions […]
The post Onshoring semiconductors is a chipped ambition appeared first on Asia Times.