Taiwan asks US if it could chill out on the anti-China rhetoric
claimed that officials locked in discussions called out US Commerce Secretary Gina Raimondo, who apparently condemned American reliance on chip supplies from Taiwan as"untenable" and"unsafe." It cites, as usual, unnamed sources familiar with the matter.that the US could go into a"deep and immediate recession" and face greater security risks if it lost access to Taiwan's supply of semiconductors.
Taiwan is caught in a difficult position between China and the US. The island's semiconductor industry is a major contributor to its economy, and so vital that it can count on US help should China invade. But Washington is now trying to minimize its reliance on imported chips by building up its own domestic manufacturing capacity through CHIPS Act funding.
Taiwanese semiconductor giant TSMC is playing a part in this by investing in two large new fabrication plants in Arizona. However these are still expected to provide just a tiny fraction of the output from TSMC's total manufacturing capacity in Taiwan.with regards to the conditions that Washington is attaching to any subsidies made available under the CHIPS Act funding, which may require it to share profits and disclose operational details.
Taiwan has likewise been caught in the ongoing chip war between the US and China, through which Washington has sought to cut off Beijing's access to cutting-edge technologies, supposedly because they may find their way into the Chinese military.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
What “de-risking” China meansEuropean leaders are calling for 'de-risking', not decoupling, from China. Alas, the country wants to be a risk
Lire la suite »
Janet Yellen to warn China against ‘unfair’ economic practices\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Lire la suite »
Drones: China’s growing dominance of the market is a worry\n\t\t\tLet our global subject matter experts broaden your perspective with timely insights and opinions you\n\t\t\tcan’t find anywhere else.\n\t\t
Lire la suite »
China Set To Slash Fuel Export Quotas | OilPrice.comChinese authorities are expected to give refiners much lower fuel export allowances in the coming weeks amid riding domestic demand.
Lire la suite »
The Janet Yellen olive branch to China\n\t\t\tLet our global subject matter experts broaden your perspective with timely insights and opinions you\n\t\t\tcan’t find anywhere else.\n\t\t
Lire la suite »
China’s Coal Use Set To Rise With Growing EV Demand | OilPrice.comThe “only real option in the short term” for China to boost its electricity grid stability is to increase coal-fired power production, ANZ Group analysts Daniel Hynes and Soni Kumari said in a report.
Lire la suite »