• Chip Wars: The Semiconductor Strikes Back! US and China trade blows in high-tech showdown

  • Dec 24 2024
  • Length: 3 mins
  • Podcast

Chip Wars: The Semiconductor Strikes Back! US and China trade blows in high-tech showdown

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  • Summary

  • This is your Beijing Bytes: US-China Tech War Updates podcast.

    Hey there, I'm Ting, and welcome to Beijing Bytes, where we dive into the latest US-China tech war updates. It's been a wild two weeks, so let's get straight into it.

    First off, cybersecurity incidents have been making headlines. China's National Computer Network Emergency Response Technical Team/Coordination Center, or CNCERT, accused the US government of launching cyberattacks against two Chinese tech companies to steal trade secrets[2]. One of the attacks allegedly exploited a vulnerability in a document management system to infiltrate a company's software upgrade management server. This comes as the US Treasury Department sanctioned Sichuan Silence Information Technology Company, Limited, and one of its employees, Guan Tianfeng, for their roles in compromising tens of thousands of firewalls worldwide, including those of US critical infrastructure companies[5].

    Now, let's talk about new tech restrictions. The Biden administration has been ramping up its efforts to curb China's access to advanced semiconductors. On December 2, the Commerce Department's Bureau of Industry and Security unveiled a third package of chip export rules against China, adding 140 Chinese chip makers and suppliers to its "Entity List" and imposing new export controls on 24 types of semiconductor manufacturing equipment and high-bandwidth memory chips[4]. This move was swiftly followed by China's announcement of strict export controls on critical minerals, including antimony, gallium, and germanium, specifically targeted at the US[1].

    US Commerce Secretary Gina Raimondo recently told the Wall Street Journal that trying to hold China back is a "fool's errand" and that the only way for the US to win the chip war is to out-innovate China and stay ahead of it[4]. This sentiment echoes the long-standing tit-for-tat nature of the US-China tech trade war.

    The industry impacts are significant. Chinese industry groups have called on their members not to buy American legacy semiconductors due to "safety" concerns, and the US Office of Management and Budget has released a Request for Information to gauge the best ways to incentivize government contractors to use domestically manufactured chips[4].

    In strategic terms, these developments underscore the escalating tech trade war between the US and China. The US aims to protect its chip-making industry, while China seeks to build its own semiconductor capabilities. The future of this competition will likely be shaped by who can innovate faster and more effectively.

    That's all for today's Beijing Bytes. Stay tuned for more updates on the US-China tech war. I'm Ting, and I'll catch you in the next byte.

    For more http://www.quietplease.ai


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