South Korean and Taiwanese chip companies have obtained an additional year's extension to ship advanced chip technology and related equipment to China, the Nikkei Asia website claims.
Restrictions on semiconductor exports to China, announced by the US on 7 October, will also affect Australia, an academic says in an op-ed for Australian think-tank, the Lowy Institute.
The new American rules restricting sales to China of semiconductors and the equipment needed to make them will affect Washington more than Beijing in the long run, a prominent American economist claims.
Finnish telecommunications equipment vendor Nokia has pulled the plug on its participation in the US-backed Open Radio Access Network Alliance [corrected], a grouping that aims to develop software for running 5G networks, according to a report on the Asia Times website.
German Chancellor Angela Merkel has snubbed US demands to exclude Chinese telecommunications equipment vendor Huawei Technologies from Germany's 5G networks, with legislation, that sets strict conditions for its participation, being sent to the Bundestag.
China has overtaken the US as the dominant nation as far as cross-border data flows are concerned, the website Nikkei Asia reports, pointing out the Beijing now accounts for 23% of the flow while Washington is a poor second at 12%.
A group of academics and ex-officials who are close to the Biden camp have suggested that the US co-operate with China rather than confront Beijing in many fields and also give Chinese telecommunications equipment vendor Huawei Technologies a role in the global build of 5G networks.
The American semiconductor industry will not survive a tech war with China, both US and Chinese tech industry sources have told the Asia Times, with the only party believing that Washington will prevail being the Trump administration.
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