My Global News: Voices of a New Era
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China’s Commerce Ministry strongly opposes the US tariff hike on electric vehicles, semiconductors, and more, vowing to defend its interests amid rising tensions between the world’s two largest economies.
China has expressed strong opposition to Japan’s planned export controls on semiconductors, warning of significant impacts on bilateral trade and global supply chains.
The Biden administration awards Samsung $6.4B in grants to expand semiconductor production in Texas, strengthening the US chip industry and national security.
Japan is leading the G20 in semiconductor subsidies, allocating 0.71% of its GDP to the sector, surpassing the US and Germany. This strategic investment aims to secure Japan’s position in the global tech landscape.
The US government is set to award Samsung up to $6.6 billion in subsidies to expand its semiconductor production in Texas, enhancing domestic chip manufacturing.
The US is intensifying its efforts to block China’s access to advanced semiconductors, sparking a high-stakes trade war that could reshape global tech innovation.
Intel reports a $7 billion operating loss for its chip-making unit in 2023 as it battles to regain its technological edge against competitors like TSMC, planning significant investments to turn around by 2027.
The U.S. intensifies efforts to block China’s semiconductor growth through export controls, but challenges remain in maintaining technological supremacy.
The U.S. tightens semiconductor export controls, targeting high-tech exports to China and disrupting the global industry.
China opposes the U.S. tightening export rules on AI chips and tools, citing negative impacts on global semiconductor cooperation and economic trade.