Entries for October 2022
CHIP WAR POLICY HURTING US FIRMS MORE THAN CHINA
posted on October 21, 2022 09:05
On October 7, the US Department of Commerce expanded licensing requirements for exports of advanced semiconductors and the equipment that’s used to make them to cover all shipments to China and not just shipments to particular companies.
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Apple drops China’s YMTC as memory chip supplier amid US trade sanctions: Nikkei
posted on October 21, 2022 09:04
Apple has suspended plans to use memory chips made by China’s largest memory chip maker Yangtze Memory Technologies Co (YMTC), after the company became the latest target of US trade sanctions on the country’s advanced semiconductor manufacturing industry, according to a Nikkei Asia report on Monday.
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Tech war: ASML, Lam Research rush to pull US engineers out of China chip operations as fresh US restrictions kick in
posted on October 21, 2022 09:03
ASML Holdings and Lam Research, the world’s top chip-making tool providers, are scrambling to comply with the latest US trade restrictions on China by pulling American engineers out of their operations in the country, according to reports and a source familiar with the matter.
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Intel to cut thousands of jobs: sources
posted on October 21, 2022 09:02
Intel Corp is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope with a sputtering PC market, people with knowledge of the situation said. The layoffs are to be announced as early as this month, with the company planning to make the move around the same time as its third-quarter earnings report on Oct. 27, said the people, who asked not to be identified because the deliberations are private. The chipmaker had 113,700 employees as of July.
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No possibility of reconciliation as US chip rules slam China
posted on October 21, 2022 09:01
Washington’s new restrictions on technology exports to China could undercut the country’s ability to develop wide swaths of its economy, from semiconductors and supercomputers to surveillance systems and advanced weapons.
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