U.S. blacklists Xiaomi in widening assault against China technology
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Xiaomi Corp. plunged a record 10 per cent after the Trump administration blacklisted Chinaâs No. 2 smartphone maker and 10 other companies, broadening efforts to undercut the expansion of the countryâs technology sector.
The U.S. has targeted scores of Chinese companies for the stated purpose of protecting national security, but going after Xiaomi was unexpected. The Beijing-based company has been viewed as Chinaâs answer to Apple Inc., producing sleek smartphones that draw loyal fans with each new release. The company, which vies with Huawei Technologies Co. for the title of Chinaâs No. 1 mobile device brand, also makes electric scooters, earphones and smart rice cookers.
Xiaomi отрицает обвинения в связях с китайскими военными, но акции компании резко упали 3dnews.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 3dnews.ru Daily Mail and Mail on Sunday newspapers.
TSMC’s $28 Billion Spending Blitz Ignites a Global Chip Rally
Bloomberg 1/15/2021 Debby Wu
(Bloomberg) Taiwan Semiconductor Manufacturing Co. triggered a global chip stock rally after outlining plans to pour as much as $28 billion into capital spending this year, a staggering sum aimed at expanding its technological lead and constructing a plant in Arizona to serve key American customers.
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The envisioned spending spree sent chipmaking gear manufacturers surging from New York to Tokyo. Capital spending for 2021 is targeted at $25 billion to $28 billion, compared with $17.2 billion the previous year. About 80% of the outlay will be devoted to advanced processor technologies, suggesting TSMC anticipates a surge in business for cutting-edge chipmaking. Analysts expect Intel Corp., the world’s best-known chipmaker, to outsource manufacture to the likes of TSMC after a series of inhouse technology slip-ups.