The US has expanded its export restrictions by adding six subsidiaries of China’s Inspur Group, a major cloud computing and big data provider as well as dozens of other Chinese entities, to its Entity List. These Inspur units are part of a larger group of approximately 80 entities and institutes, including over 50 based in…
Beijing-based Naura was ranked sixth among global chipmaking equipment suppliers by revenue last year, up from eighth place in 2023 when it cracked the industry’s top-10 leaderboard for the first time, according to a report last week by Chinese semiconductor research firm CINNO. The state-backed company, which is expected to post about a 40 per…
ASML Holding, the world’s top supplier of advanced chipmaking equipment caught in the US-China tech rivalry, will build a “reuse and repair” centre in Beijing this year, showing its commitment to the world’s second-largest economy despite pressure from Washington. The Dutch firm, which has been unable to sell its extreme ultraviolet lithography systems to its…
Chinese start-up Zhipu AI said it “strongly disagrees” with a US decision to add the company and its subsidiaries to an export blacklist, as the administration of President Joe Biden released a flurry of trade restrictions just days before he leaves office. The US Department of Commerce on Wednesday added 25 China-based companies and two…
Since 2022, China’s economy has been haunted by a weak recovery. Real gross domestic product (GDP) growth has fallen below 5 per cent for two consecutive quarters this year, posing challenges for Beijing to achieve its annual growth target of around 5 per cent. The International Monetary Fund estimates that the proportion of China’s nominal…
US-sanctioned Chinese surveillance giant Hikvision has terminated five contracts with local government authorities in Xinjiang, as it braces for the second term of US president-elect Donald Trump, who first put Hikvision on a trade blacklist in 2019. Hikvision ended the contracts for its public security projects in the far-western region of China, where local subsidiaries…
China must develop new chip-design technologies that do not rely on advanced manufacturing processes, according to one of the mainland’s leading authorities on semiconductors, as the domestic integrated circuit (IC) industry faces increased US technology restrictions. “It’s time to commit to building our own technological ecosystem,” Wei Shaojun, a professor at Tsinghua University’s School of…
A Europe-based Huawei executive has decried policies to block the Chinese tech company’s entry into certain markets and warned that this could limit the development of the European artificial intelligence industry. Tony Jin Yong, Huawei’s vice-president for Europe, said he was puzzled by measures to form “exclusive groups” among “like-minded countries”, though he did not…
China’s chip ambitions are being tested again as fresh US sanctions, the third escalation in three years, hit more broadly across the semiconductor supply chain, industry insiders said. The US Commerce Department, which oversees export controls, added 140 Chinese chip-related organisations to a trade blacklist and placed additional restrictions on China’s access to semiconductor manufacturing…
Michael McCaul, chair of the House Foreign Affairs Committee, urged US Commerce Department agents to visit SMIC’s facilities and check whether the company is illegally producing chips for Huawei Technologies, the sanctioned telecommunications equipment company seen as a national champion within China’s chip industry. In a November 4 letter seen by Reuters, McCaul described what…