Taiwan Semiconductor Manufacturing Co has stopped new orders from Huawei Technologies in response to Washington’s move aimed at further limiting chip supplies to the Chinese company.
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China said new US export restrictions targeting companies including Huawei Technologies may threaten the global supply chain.
The Trump administration on Friday moved to block shipments of semiconductors to Huawei Technologies from global chip makers, in an action that could ramp up tensions with China.
Hon Hai Precision Industry’s profit plunged by the most on record after the coronavirus disrupted its China production and walloped global smartphone demand.
The world’s biggest contract chip maker said it plans to build a $12-billion factory in the US in an apparent win for the Trump administration’s efforts to wrestle global tech supply chains back from China.
China is ready to put US companies in an “unreliable entity list” as part of countermeasures against Washington’s move to block shipments of semiconductors to Huawei Technologies, the Global Times reported on Friday.
Apple has acquired NextVR, a start-up that provides sports and other content for virtual-reality headsets. The acquisition may help Apple’s development of VR and AR headsets with accompanying software and content.
Huawei has been barred from fully using Android for at least another 12 months, after Donald Trump extended his executive order banning US firms from working with companies deemed a national security risk.
Google’s takeover of fitness tracker Fitbit could be “a game-changer” for health data that will need close European Union scrutiny, consumer advocates said.
Ever since Donald Trump fired the first shot in the US trade war with China, one technology company has been sitting in the middle, trying to avoid the crossfire.