China’s Covertly Revamped and Expanded 1,000 Talents Plan to Attract Foreign Talent

China’s Covertly Revamped and Expanded 1,000 Talents Plan to Attract Foreign Talent

HONG KONG/SINGAPORE/WASHINGTON (Reuters) – China’s 1,000 Talents Plan is being carried on as part of a covertly revamped and expanded programme. According to three people familiar with the matter, and a Reuters review of more than 500 government documents from 2019 to this year, it was revealed. On August 24th, the Chinese government’s 1,000 Talents […]

China’s Chip Trade Group Warns of Countermeasures to Japan’s Semiconductor Export Curbs

China trade group warns of potential countermeasures in response to Japan’s semiconductor export restrictions, according to the South China Morning Post. Meanwhile, US officials are trying to slow China’s technological expansion, as reported by Asia Times. Despite the global glut caused by US disruption, China’s chip industry still has opportunities for growth, as stated by […]

“Sony Reports Record Annual Profits Fueled by PlayStation 5 Sales”

the date 4/29/2023 1:47:53 AM (MENAFN- Al-Borsa News) The Japanese electronics and entertainment company “Sony” recorded record profits during the fiscal year ending in March, supported by the chip division and sales of the “PlayStation 5” gaming platform. During the fiscal year ending in March, the company’s operating profit reached 1.21 trillion yen ($8.9 billion), […]

Bloomberg: US to tighten rules on exporting chip equipment to China

The White House is developing new restrictions on the export of semiconductor manufacturing equipment to China. This, according to the US presidential administration, will prevent Chinese industry from creating its own chips, reports Bloomberg with reference to sources. The US presidential administration told manufacturing companies that the new measures would be officially announced in April. […]

Monopoly: The Netherlands’ ASML, which dominates the global chip industry

When it comes to the so-called silicon chips, there is one company that has complete control over the global semiconductor industry. And while Taiwan and China may be the biggest chip-making countries in the world right now, they wouldn’t be what they are without licensing some core technology and machinery from this company. Of course, […]

ASML, from Veldhoven to the White House

ANP NOS News•yesterday, 14:24•Amended today, 14:58 Prime Minister Rutte was visiting President Biden in the White House. The chip industry was one of the sensitive themes discussed there, in particular the machines of ASML from Veldhoven. The company is at the center of a technology race between the US and China. What are they making […]