The European Union must respond to new rules introduced by China requiring a license to export two metals widely used in semiconductor manufacturing, the Dutch government said on Tuesday.
India’s semiconductor dreams are facing a harsh reality. After struggling to woo cutting-edge chipmakers like Taiwan Semiconductor Manufacturing to set up operations in the country, the government may now have to settle for producing less-advanced chips instead. Yet that’s no mere consolation prize: the opportunity to grab share from China in this commoditised but vital part of the tech supply chain could pay off.
U.S.-China tensions over semiconductors began with the Trump administration's trade war and have ratcheted up under President Joe Biden's leadership as Washington looks to undercut Beijing's efforts to build its high-tech industry.
The European Commission has approved 8.1 billion euros ($8.7 billion) of state aid for microelectronics and communication technology projects as part of the European Union's drive to be at the cutting edge of technological innovation.