... technology policy.
[41]
In March 2021, the National People’s Congress of China approved the 14th Five-Year Plan, covering the 2021-2025 period. It outlined several key areas that China seeks to develop, such as next-generation AI, quantum information, and semiconductors.
[42]
The Chinese government is investing heavily in science, technology, and innovation and promoting the development of the high- tech sector.
[43]
As a result, according to experts from The Information Technology and Innovation Foundation ...
... inevitably lead to supply chain disruptions, multiplied costs, and possibly a slowdown in the growth of technological capabilities for all parties.
Key players
Anastasia Tolstukhina, Konstantin Matveenkov:
Big Tech vs Regulators: A Long-Term Global Trend
Semiconductors form the backbone of all modern electronics. They are used not only in computers and smartphones, but also in household appliances, cars, children’s toys, military equipment, etc. In other words, semiconductor circuits are indispensable ...
... security” from square one. EU members have a significant technological foundation. For example, everyone heard about Finnish Nokia, German Siemens and Bosch, French Orange and so on. In microelectronics, the EU countries can make equipment for manufacturing semiconductors that enjoy wide demand across the world (Dutch company ASML), cryptographic chips (German Infineon), semiconductor components (Dutch NXP) and the like. In addition, existing computing power also matters. For example, the French company ...
While Huawei was quick to assure everyone that it would cope just fine during the new crisis, even the company’s management was forced to admit the severity of the blow
On May 15, 2020, exactly one year after the United States launched its full-scale sanctions war on
Huawei
, the U.S. Department of Commerce unveiled
new restrictions
against the Chinese electronics giant. Starting from September 2020, companies will not be allowed to use U.S. technology and software to develop chips for
Huawei...