Search result for Department of Commerce
KOREAN SEMICONDUCTOR MARKET HIT HARDEST AMIDST US-CHINA TECH WAR
With the latest US sanctions on China’s Huawei taking effect Tuesday, South Korea has accelerated monitoring the impact of the ban on chip sales to the Chinese company.
According to data by Korea International Trade Association, China was the largest market f...
US DECLARES THE 3rd BLACKLIST OF CHINESE COMPANIES THAT INCLUDE MAJOR CORPORATES
Highlights:
- The US government have had issues with China’s treatment of the Muslim minority and the Uighur community
- The blacklisted companies will not be able to buy any kind of components from the US unless approved by the US government
COMMERCE DEPARTMENT ESCALATES US-CHINA TECHNOLOGY COMPETITION
Highlights:
- The US Department of Commerce announced a rule that further targets the Chinese telecommunication company Huawei.
- The action taken by the US is the latest in the series of accelerating and escalating trade restrictions which will have a hu...
South Korea manufacturing in the US
The Shinhwa Group, a South Korean auto supplier, who has scheduled a plan of $42 million in Auburn for manufacturing operation, expected to create 95 jobs. It is the manufacturer’s first U.S. manufacturing location.
The company plans to make driveshafts for vehicles made by Hyunda...