Key Points
Back-to-back developments in the past few days show how the future may see radical rebalancing of global technological power as China tries hard to defend its semiconductor, or chips, industry while India takes bold steps to create its chips ecosystem..
Around the same time Maharashtra cabinet panel approved a $10-billion (83,947 crore) investment proposal by a joint venture between Israel's Tower Semiconductor and Adani Group to set up a semiconductor chip manufacturing unit at Taloja...
Japan began restricting exports of 23 types of semiconductor manufacturing equipment, aligning its technology trade controls with a US push to curb China's ability to make advanced chips in July...
Chinese imports of equipment to make semiconductors hit a record for the first seven months of this year as the Asian nations companies continue to ramp up their purchases in case the US and its allies further block them from buying.. Dutch company ASMLs sales to China surged 21% in the second quarter to hit almost half of its total revenue, with sales consisting of unrestricted older systems as Beijing pushes to make more mature types of semiconductors..
Chinese tech giants including Huawei and Baidu as well as startups are stockpiling high bandwidth memory (HBM) semiconductors from Samsung Electronics in anticipation of U.S. curbs on exports of the chips to China, Reuters reported last month based on information from sources..
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