Chip sales to the world’s second-largest economy including Hong Kong fell 31.8 per cent from a year earlier, according to South Korea’s Ministry of Trade, Industry and Energy. That was bigger than the 22.5 per cent contraction reported for January and comes after a 2024 rally that helped fuel South Korea’s economic growth. High-bandwidth memory…
The owner of a North Carolina-based electronics resale business has pleaded guilty to attempting to export sensitive technology with military applications to China without a licence, the US Justice Department said on Friday. David C. Bohmerwald, whose Components Cooper Inc. operates in Raleigh, admitted to violating the Export Control Reform Act (ECRA) by trying to…
The United States has not issued an emergency order banning China’s most successful blockbuster animated film “Ne Zha 2” under “national security concerns”. Social media posts sharing the claim in fact feature a made-up news report and no such order was found on the Department of Commerce’s official website. The film opened in the US…
By Karen Freifeld and Fanny Potkin NEW YORK/SINGAPORE (Reuters) – The U.S. ordered Taiwan Semiconductor Manufacturing Co to halt shipments of advanced chips to Chinese customers that are often used in artificial intelligence applications starting Monday, according to a person familiar with the matter. The Department of Commerce sent a letter to TSMC imposing export…
China has also been aggressively pursuing the technology, with Guangdong province in recent weeks joining a spate of funding programs aimed at building photonics chips in China, according to state media. read more A bipartisan group of US lawmakers is calling on the Department of Commerce to investigate national security risks associated with China’s advancements…