India and USA sign MoU to manufacture semiconductors

India and USA sign MoU to manufacture semiconductors

New Delhi – An MoU was signed between India and the US on the manufacturing of semiconductors. Indian Commerce and Industry Minister Piyush Goyal and US Secretary of Commerce Gina Raimondo signed the agreement. Under the newly formed agreement, India and the USA will collaborate to establish a robust supply chain essential for semiconductor manufacturing. […]

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India should sign free trade agreement with Taiwan to advance in semiconductors, 5G and artificial intelligence – Taiwanese representative

India should sign free trade agreement with Taiwan to advance in semiconductors, 5G and artificial intelligence – Taiwanese representative

New Delhi: Taiwan is keen to share its expertise with India in the advanced fields of semiconductors, 5G, information security and artificial intelligence. This will enable India and Taiwan to build a robust supply chain together. That is why India should sign a free trade agreement with Taiwan at the earliest. Taiwanese representative Baushuan Ger […]

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US Congress passes ‘America Competes Act’ to challenge ChineseTrade domination; special provisions for Semiconductors and supply chain

US Congress passes ‘America Competes Act’ to challenge ChineseTrade domination; special provisions for Semiconductors and supply chain

Washington: – The US Congress passed a new bill on challenging the increasing Chinese domination in international trade. The bill named ‘America Competes Act of 2022’ has provisions for reducing imports from China and incentivising US companies to start their factories. Financial assistance also has been announced in the bill for the semiconductor sector and […]

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China vying for dominance in the semiconductors sector raising concern internationally

China vying for dominance in the semiconductors sector raising concern internationally

Beijing: – Over the last decade, China has taken the lead in various sectors ranging from 5G technology to Artificial intelligence. To strengthen its position, China has focused on the semiconductor sector and it has been revealed that the Chinese companies have even started manufacturing semiconductors. The international community has taken serious cognisance of the […]

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After US, Europe set to impose trade sanctions on China & ban export of sensitive technology

After US, Europe set to impose trade sanctions on China & ban export of sensitive technology

Brussels/Beijing – The European Union (EU) has started preparations to ban the export of sensitive technology to China. The sources also said the European Commission (EC) will release a list of sensitive technology and other issues soon. It is being said that the European Parliament (EP) will also approve a proposal to include action to […]

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China ceases export of rare minerals, gallium and germanium

China ceases export of rare minerals, gallium and germanium

Beijing: China has stopped the export of two rare minerals important in making semiconductors. In August, information surfaced that China has completely stopped the export of ‘gallium’ and ‘germanium’. Due to this decision of China, there is a fear that semiconductor manufacturing in the West will be affected. Besides, this decision of China will be […]

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US & UK sign Atlantic Declaration – Agree to increase cooperation in AI, energy, mineral & economic sectors

US & UK sign Atlantic Declaration – Agree to increase cooperation in AI, energy, mineral & economic sectors

Washington – The US and the UK have signed the Atlantic Declaration to strengthen further the ‘special relationship’ between the two countries. President Joe Biden and British Prime Minister Rishi Sunak were present at the ceremony in the White House of the United States on Thursday. Under the Atlantic Declaration, the US and the UK […]

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While tensions escalate over other issues alongside Taiwan, senior leaders of the US & China meet in Europe

While tensions escalate over other issues alongside Taiwan, senior leaders of the US & China meet in Europe

Vienna/ Washington/ Beijing: It was revealed that the senior leaders of America and China met in Europe while relations were strained due to various issues like arms supply to Taiwan, the Russia-Ukraine conflict, economic sanctions, and semiconductors. A few days ago, US Ambassador to China Nicholas Burns met Chinese Foreign Minister Qin Gang. The US […]

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Italy set to exit China’s Belt and Road Initiative over Taiwan Semiconductor deal

Italy set to exit China’s Belt and Road Initiative over Taiwan Semiconductor deal

Rome/Beijing – Italy, the only G7 country to participate in China’s ambitious Belt and Road Initiative (BRI), is preparing to withdraw. Sources indicated that the Italian government would soon decide on the BRI due to pressure from fellow European countries and the United States and its readiness to cooperate in the semiconductor sector with Taiwan. […]

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