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Taiwan’s TSMC stops shipments to client after chips sent to Huawei
Taiwanese chipmaking giant TSMC halted shipments to a customer this month after its semiconductors were sent to China’s Huawei, a Taipei government official told AFP, potentially breaching US sanctions.Taiwan Semiconductor Manufacturing Company is the world’s largest contract manufacturer of chips that are used in everything from Apple’s iPhones to Nvidia’s cutting-edge artificial intelligence hardware.Huawei, the …
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China sees little relief from trade tensions as US goes to the polls
While the outcome of next month’s US presidential election remains on a knife-edge, analysts say that for many in China the consequence is the same whoever emerges victorious: more tariffs, more tensions and a trade war that shows no sign of easing.Americans go to the polls on November 5 to choose between Vice President Kamala …
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Boeing workers reject contract, extend strike: union
Boeing workers in the Seattle region decisively rejected the company’s latest contract offer on Wednesday, extending the nearly six-week strike.Almost two-thirds (64 percent) of the members of the International Association of Machinists and Aerospace Workers District 751 rejected the contract, the union said on X. The latest Boeing offer had included a 35 percent wage hike, …
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