TOKYO : Japan and the Netherlands will soon agree to join the United States in restricting exports of semiconductor manufacturing equipment to China, Bloomberg News reported.Talks between the countries will conclude as early as Friday, with the Netherlands restricting ASML Holding NV from selling machines
TOKYO : Japan and the Netherlands will soon agree to join the United States in restricting exports of semiconductor manufacturing equipment to China, Bloomberg News reported.
Getting the Netherlands and Japan to impose tighter export controls on China would be a major diplomatic win for U.S. President Joe Biden's administration, which in October announced sweeping restrictions on Beijing's access to U.S. chipmaking technology to slow its technological and military advances.
Nikon could be affected, the Japanese company most likely to be impacted by new restrictions will be chip manufacturing machinery maker Tokyo Electron, which relies on China for about a quarter of its sales, said Masahiko Hosokawa, a Meisei University professor and former director general of trade control at the ministry.
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Japan, Netherlands to join US in China chip controls -BloombergTOKYO : Japan and the Netherlands will join the United States in implementing export controls on semiconductor manufacturing equipment to China soon, Bloomberg News reported on Friday.The trilateral talks are set to conclude as early as Friday U.S. time, the report said, citing people familiar with the ma
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Japan, Netherlands to join US in chip export controls on ChinaUS, Dutch and Japanese officials are set to conclude talks as soon as Friday US time. Read more at straitstimes.com.
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China sure to hit back over chip controls, Japan lawmaker saysChina is Japan’s largest trading partner and has said the US effort to restrict Chinese semiconductor exports showed its “selfish hegemonic interest”. Read more at straitstimes.com.
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UK to subsidise semiconductor firms to make domestic chips - BloombergLONDON : The British government plans to provide taxpayer funding to support the country's semiconductor companies, Bloomberg reported on Wednesday. The support will include seed money for startups, help for existing firms to scale up and new incentives for private venture capital, Bloomberg reported, ci
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IBM to cut 3,900 jobs - Bloomberg NewsInternational Business Machines Corp will cut 3,900 roles, or about 1.5 per cent of its global workforce, its chief financial officer, James Kavanaugh, told Bloomberg News in an interview on Wednesday.
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Cars stranded, flights cancelled as heavy snow blankets JapanSnow and cold weather have disrupted flights and bullet train schedules. Read more at straitstimes.com.
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