At least 50 semiconductor design companies will be established in Saudi Arabia by 2030 after a new initiative was launched to develop the sector in the Kingdom, Arab News reported. This undertaking will be supported by a deep tech venture capital fund that exceeds SR1 billion ($266 million) as part of a new National Semiconductor...
GCC in the crossfire amid growing US-China tech war
Amid ongoing US-China technological rivalry, Gulf countries face crucial choices in balancing their economic and technological relations with both superpowers.GCC in the crossfire amid growing US-China tech war
Amid ongoing US-China technological rivalry, Gulf countries face crucial choices in balancing their economic and technological relations with both superpowers.
China’s restriction on exports of key metals comes in effect
China accounts for 94 percent of the world's production of gallium -- used in integrated circuits, LEDs and photovoltaic panels -- according to a report by the European Union published this year. For germanium, essential for fiber optics and infrared, China makes up 83 percent of production.Foxconn pulls from $19.4 bn deal in India to make semiconductors
The plan was to boost New Delhi's self-reliance in the technology supply chain, given that semiconductors are an essential component of nearly all modern electronics -- powering everything from coffee machines to electric cars. The deal would have seen Vedanta -- one of India's biggest mining companies -- take a...
China to restrict export of semiconductor making materials
BEIJING, CHINA - China said on Monday it would slap export controls on two rare metals essential for the manufacture of semiconductors over security concerns, as Beijing and Washington tussle over the global market for chips. Exports of gallium and germanium, of which China is a major producer, will require a...Blinken begins high-level talks in China to ease bilateral tensions
US Secretary of State Antony Blinken is in Beijing for key discussions, marking the first top-level US visit in five years. Amid rising tensions and conflicts over trade, technology, and security, both countries display cautious optimism for better communication and a potential easing of bilateral strains.
China begins security probe into US chipmaker Micron
BEIJING, CHINA - Chinese authorities have begun an investigation into leading US memory chipmaker Micron Technology, a decision Beijing's foreign ministry said Monday was intended to "safeguard national security". The probe escalates an already fierce battle between Beijing and Washington for supremacy in the field of semiconductors as broader bilateral relations...Germany bans chipmaker’s sale to Chinese firm
Fears have been growing in Europe's economic powerhouse about an over-reliance on Beijing, and letting critical infrastructure fall into the hands of Chinese state-linked companies. In particular, the microchip industry has come under scrutiny, as it produces key components used across industry.
Semiconductor shortage slows down GCC auto sector
Auto exports to the region are likely to suffer for the next more than a year due to an estimated net production loss of 3.9 million vehicles globally. Besides the automobile sector, e-gadgets, the smartphone and video gaming industries were impacted by the shortage.
The chips are down: why there’s a semiconductor shortage
The car industry has been the most visible victim so far, with many brands forced to slow their output in recent months.
