U.S. sanctions hand China opportunity to be chip kingpins

The recent announcement by German car manufacturing behemoth Volkswagen AG, that they will have to significantly reduce their production over the next coming months, due to the global chip shortage is just another illustration of the impact the crisis is having on multiple industries worldwide. The beginning of the global chip shortage can be traced back to the heavy-handed tactics pursued by the U.S. government in its treatment of Chinese ICT vendors.

Who has ‘Trump’ card in tech trade war between US and China

The ongoing trade war between the United States and China shows no signs of reaching a resolution as negotiations between the two global economic superpowers remains deadlocked. However, the topic of technology has now temporarily displaced the thorny subject of tariffs as the main currency in the dialogue between officials in Beijing and Washington, with the US, launching an aggressive offensive against major technology players in China.

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