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Lawmakers Push to Defuse China’s Dominance of Older-Generation Chips

The Biden administration needs to take stronger action to stem China’s growing dominance in making older-generation microchips that are essential across several U.S. industries, according to the bipartisan leaders of a House of Representatives panel.The lawmakers’ call for new efforts, including potential tariffs, is intended to counteract an overreliance on China for less-advanced chips, according to a letter seen by The Wall Street Journal. Republican Mike Gallagherof Wisconsin, chairman of the House Select Committee

Nvidia’s New China Pickle: Customers Don’t Want Its Downgraded Chips

SINGAPORE—After U.S. regulations barred Nvidia from selling its high-performance artificial-intelligence chips to China in October, the company’s engineers quickly designed a new lineup to comply with the tightened rules.The U.S. tech company may have found some wiggle room, but it faces a bigger problem: Chinese cloud companies—some of Nvidia’s biggest customers globally—aren’t so keen on buying its lower-powered AI chips. Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

The Woman Shaking Up the $50 Billion Instant-Ramen Industry

Kim Jung-soo invented a super-spicy brand of noodles currently on the shelves of Walmart, Costco and major U.S. grocers. Kim Jung-soo invented a super-spicy brand of noodles currently on the shelves of Walmart, Costco and major U.S. grocers. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

Commerce Department Finds Dumping of Tin Mill Product Imports From China, Other Countries

The Commerce Department found that imports of tin mill products from Canada, China, Germany and the Republic of Korea are being unfairly priced, or dumped, into the U.S. market.Imports of tin mill products from China are also being subsidized, it added. The Commerce Department found that products from the Netherlands, Taiwan, Turkey and the United Kingdom aren’t being dumped.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 The Commerce Department found that imports of

Tesla Recalls Over 1.6 Million EVs in China to Make Autopilot Fixes

Updated Jan. 5, 2024 8:04 am ETHONG KONG—Tesla is conducting its largest ever recall in China that regulators said was to fix issues with its driver-assistance features that could increase the risk of crashes, a move that follows similar fixes in the U.S.The software fix, which will be delivered remotely, comes as the electric-vehicle maker faces fierce competition in the world’s largest auto market, where it trails homegrown rival BYD.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.

18 Minutes to Evacuate a Burning Plane: Success Story or Cautionary Tale?

Updated Jan. 4, 2024 2:13 pm ETIn its certification, Airbuswas required to prove that its A350 aircraft can be evacuated in less than 90 seconds. In Tuesday’s collision in Japan, the last crew member escaped the aircraft after 18 minutes—but there were still no casualties.The sizable discrepancy, for the moment, represents a puzzle for the industry: Does the safe and deliberate evacuation represent a triumph of new aircraft designs and improved procedures? Or was it a one-off, a fortunate confluence of events that

Why Every Western Automaker Is Visiting This Remote Part of South Africa

Updated Dec. 30, 2023 12:11 am ETListen to article(2 minutes)MBOMBELA, South Africa—A half-century-old company on the outskirts of South Africa’s Kruger National Park has found itself in a fortuitous spot as Western automakers push to move their electric-vehicle supply chains away from China.Manganese Metal Co., based in the sleepy town of Mbombela, is the largest of just a handful of refiners of battery-grade manganese located outside China. Used mostly for making steel, manganese is increasingly replacing more expensive…

Netherlands Blocks ASML Exports of Some Chip-Making Equipment to China

Updated Jan. 2, 2024 4:10 am ETThe Netherlands has blocked chip-equipment manufacturer ASML’s exports to China of some lithography systems, which are essential to making advanced microprocessors, in a partial license revocation following U.S. export restrictions.The Netherlands-based company said Monday that the Dutch government recently partially revoked an export license for shipping the NXT:2050i and NXT:2100i lithography systems to China in 2023.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.

Maersk Pauses Transit Through Red Sea Until Further Notice After Attack on Ship

Danish shipping giant A.P. Moeller-Maersk said it will pause all transit through the Red Sea and Gulf of Aden until further notice following the attack on its vessel Maersk Hangzhou on Dec. 30.The shipping company said Tuesday that an investigation into the incident is continuing and that some vessels will be rerouted and continue their journey around the Cape of Good Hope in South Africa.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Danish shipping giant A.P.

Tesla Falls Behind China’s BYD in Quarterly EV Sales for First Time

Updated Jan. 2, 2024 3:32 pm ETChinese automaker BYD for the first time topped Tesla as the world’s largest seller of electric vehicles on a quarterly basis, a sign of China’s emerging strength in the global market for battery-powered cars. BYD reported selling more than 526,000 fully electric vehicles in the fourth quarter of 2023, compared with Tesla’s sales of nearly 485,000 for the same period. Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Updated Jan. 2, 2024