Biden administration

Analysis: China faces its “Sputnik” moment as US export curbs deal a blow to its chip ambitions

U.S. export restrictions on chip equipment to China are likely to lead to its "Sputnik" moment, prompting Chinese chipmakers to…

3 years ago

Exclusive: KLA to stop sales and service to China to comply with U.S. export curbs

U.S. chip toolmaker KLA Corp will cease offering some supplies and services from Wednesday to China-based customers including South Korea's SK…

3 years ago

China tech shares sink as U.S. export curbs raise chip sector hurdles

Shares in Chinese tech giants Alibaba Group (9988.HK) and Tencent (0700.HK) as well as in chipmakers slumped on Monday, as investors were spooked by…

3 years ago

Saint-Gobain buys U.S.-based GCP to grow in construction chemicals

French construction materials company Saint-Gobain (SGOB.PA) on Monday said it would buy GCP Applied Technologies (GCP.N) in a deal that values the U.S.-based specialty…

4 years ago