Taiwan
Apple chipmaker TSMC warns Taiwan-China war would make everybody losers
A man walks past TSMC’s logo at the company’s headquarters in Hsinchu, Taiwan. Sam Yeh | AFP | Getty Images If China were to invade Taiwan, the most-advanced chip factory in the world would be rendered “not operable,” TSMC Chair Mark Liu said in an English-language interview with CNN this week. In the undated interview, […]
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White House struggles to insulate Biden’s China policy from Pelosi’s Taiwan trip
WASHINGTON — As House Speaker Nancy Pelosi reportedly prepares to land in Taiwan on Tuesday evening for a long-rumored official visit, her trip has exposed a rare schism between the Biden White House and the most powerful Democrat in Congress. Officially, the Biden administration has been careful to avoid directly answering questions about whether it […]
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House passes bill to boost U.S. chip production and China competition, sending it to Biden
US President Joe Biden reacts to a note given to him saying that the CHIPS-plus bill has passed the House during a meeting with CEOs about the economy in the South Court Auditorium of the Eisenhower Executive Office Building, next to the White House, in Washington, DC on July 28, 2022. Mandel Ngan | AFP […]
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Biden’s call with Xi Jinping will focus on areas of U.S.-China cooperation, not just tension
A screen shows Chinese President Xi Jinping attending a virtual meeting with U.S. President Joe Biden via video link, at a restaurant in Beijing, China November 16, 2021. Tingshu Wang | Reuters WASHINGTON — President Joe Biden’s upcoming call with Chinese leader Xi Jinping will focus on areas of potential cooperation between the U.S. and […]
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Intel plans to make chips for Taiwan’s MediaTek to keep up with Asian manufacturing rivals
Intel Foundry Services will manufacture multiple chips for MediaTek for a range of smart edge devices, the two companies said on Monday. Fabian Bimmer | Reuters Intel will manufacture semiconductors for Taiwan’s MediaTek, giving the U.S. company a big boost for its contract chipmaking business. MediaTek is one of the biggest suppliers of smartphone processers […]
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Raimondo warns of ‘deep and immediate recession’ if U.S. were to be cut off from Taiwan chip manufacturing
Commerce Secretary Gina Raimondo warned on Wednesday that the country’s current dependence on foreign computer chip fabrication puts it at risk of a recession if it’s ever cut off. Her comments come as Congress nears key votes on a bill to fund U.S. semiconductor manufacturing, While many computer chips are designed in the U.S. by […]
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China threatens ‘strong measures’ if Pelosi visits Taiwan
Speaker Nancy Pelosi in Washington, D.C., U.S. on Thursday, July 14, 2022. China will take “resolute and strong measures” should the Speaker of the U.S. House of Representatives Nancy Pelosi proceed with reported plans to visit Taiwan, the Chinese Foreign Ministry said Tuesday. Eric Lee | Bloomberg | Getty Images China will take “resolute and […]
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Taiwan accuses Chinese Apple supplier of stealing secrets, charges 14
People visit the booth of Luxshare Precision Industry Co., Ltd during Electronica China 2021 at Shanghai New International Expo Centre on April 14, 2021 in Shanghai, China. Visual China Group | Getty Images Taiwanese prosecutors on Friday accused a Chinese Apple supplier of stealing commercial secrets from a Taiwanese supplier and poaching its workforce to […]
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Why tensions between China and Taiwan are on the rise
In May, President Joe Biden issued a stark warning to China: The U.S. would come to Taiwan’s defense militarily if China were to invade. “That’s the commitment we made,” Biden said in response to a question over the U.S.’ intention to protect Taiwan. “We agree with the ‘One China’ policy. We signed on to it.” […]
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‘Dividend aristocrats’: Strategists name high-yielding stocks to ride out a bear market
U.S. stocks fell into bear market territory last month — and the wild swings since have made it hard to predict where the market is going next. The S & P 500 logged its worst performance in 50 years during the first half of this year, as it tumbled nearly 20%, and the Nasdaq is […]
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