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Commerce Department adds seven Chinese supercomputing firms to its Entity List

Commerce Department adds seven Chinese supercomputing firms to its Entity List SHARE The U.S. Department of Commerce’s Bureau of Industry and Security today added seven Chinese supercomputing entities to its Entity List for conducting activities that are contrary to national security and foreign policy interests. The entities added to the list, which prevents them from obtaining advanced technologies developed in the U.S. without special permission, are Tianjin Phytium Information Technology Co. Ltd., Shanghai High-Performance Integrated Circuit Design Center, Shenzen Sunway Micro-electronics Co. Ltd., the National Supercomputing Center Jinan, the National Supercomputing Center Shenzhen, the National Supercomputing Center Wuxi and the National Supercomputing Center Zhengzhou.

Semi Chip Prices Expected To Rise Through All Of 2021

by Tyler Durden Tuesday, Apr 06, 2021 - 09:12 AM It shouldn t be any surprise that given the current shortage in semiconductors, prices could continue to rise for the better part of 2021.  This month alone, suppliers like Japan’s top silicone producer, Shin-Etsu Chemical Co. Ltd. marked up prices between 10% and 20%, according to Caixin, who reported that growing input costs and supply disruptions could be tide that continues to push up prices.  Shin-Etsu blamed their price hikes on the rising cost of silicon metal, which they said was a result of demand out of China. Names like Semiconductor Manufacturing International Corp. (SMIC), United Microelectronics Corp., and Powerchip Semiconductor Manufacturing Corp. have all announced intentions to raise prices in similar fashion. Taiwan Semiconductor Manufacturing Co. Ltd. has also said prices are coming in the form of suspending wafer price reductions beginning December 31 this year. 

Record-setting $49 billion Asia IPO boom likely to taper off, shows data

As in the US, initial public offering activity out of Asia has had its strongest-ever start to a year. That frenzy for new shares is likely to taper off as demand falls back to earth in the next few months. Asian companies, like their global peers, notched their best first quarter for listings ever, thanks to a flood of liquidity during the pandemic, super-low interest rates, and rallying stock markets. The firms raised $49.3 billion through first-time share sales at home and abroad a 154% jump over the same period in 2020, data compiled by Bloomberg show. IPOs globally raised an unprecedented $215 billion, with almost half of that haul coming from the record wave of issuance by special-purpose acquisition companies in the US. Now, a global rotation out of highly-valued tech and health-care stocks that have dominated market activity, as well as fading excitement around SPACs in the U.S., is clouding the outlook for new deals.

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