Page 12 - Tech War News Today

Washington has been tightening its rules on exports of US technology to China for several years.

The United States has secured a deal with the Netherlands and Japan to restrict exports of some advanced chip-making machinery to China in talks that concluded on Friday, Bloomberg reported, citing people familiar with the matter.

China continues to play a long game, whereas the US tactical assault on Chinese technology is all about short-term gains. As long as the US is trapped in a political system that places little value on strategy, there is no guarantee it will prevail in an existential tech conflict.

Dutch foreign trade minister Liesje Schreinemacher said she will fight for open trade and to prevent protectionism during a semiconductor WEF pan discussion.

Thai entrepreneurs are being urged to closely monitor the US-China technology war as it is expected to intensify this year, warns the Commerce Ministry's planning unit.

Xie Feng, China’s next likely US ambassador, appealed for cooperation, not confrontation, during a speech in Beijing.

It is best to wait for better signs of industry recovery before going overweight on Chinese semiconductor producers, according to BCA Research. Despite China’s economic reopening, consumer confidence will need time to rebound.

Analysts say more Big Tech brands are evaluating their exposure to China production amid increasing geopolitical headwinds.

Profit slumped last quarter by the most in more than a decade as memory chip prices crashed. Samsung may have to rein in capital expenditure to conserve cash, Citigroup says.

Taiwan’s dominance in advanced chip-making makes it vulnerable. If the US is truly concerned not just for Taiwan’s security but its long-term prosperity, then the effort to contain China’s technological development is foolhardy and likely to backfire.