• Login
USAPeriodical.com
No Result
View All Result
  • Home
  • News
    • US News
    • World
  • Entertainment
    • Movies
    • TV Series
    • Gaming
  • Technology
    • Science
    • Nature
  • People
    • Celebrities
    • Influencers
    • Actors / Actresses
    • Models
  • Business
  • Viral
    • Ideas
  • Lifestyle
    • Relationships
    • Well Being
    • Travel
    • Food
    • Home & Decor
  • Sports
  • Home
  • News
    • US News
    • World
  • Entertainment
    • Movies
    • TV Series
    • Gaming
  • Technology
    • Science
    • Nature
  • People
    • Celebrities
    • Influencers
    • Actors / Actresses
    • Models
  • Business
  • Viral
    • Ideas
  • Lifestyle
    • Relationships
    • Well Being
    • Travel
    • Food
    • Home & Decor
  • Sports
No Result
View All Result
USAPeriodical.com
No Result
View All Result
Home Technology

An American ban on building facilities in China for a decade affects ‘advanced tech’ firms

Kaylee Y by Kaylee Y
October 7, 2022
in Technology
0
The Biden administration
15
VIEWS
Share on FacebookShare on Twitter

As of 2022, all the United States technology companies that were acquiring sufficient funding from the government till now are no more allowed to build tech facilities in China whatsoever. This statement was announced by the Biden administration. The motive of this issued statement was to increase manufacturing when it comes to semiconductors.

ADVERTISEMENT

In order to increase the production of semiconductors, the US government is trying its level best to prepare suitable plans. It is their idea that every single electronic device should have semiconductor chips.

The US Chips and Science Act which was approved by Congress recently in the month of August is basically an answer from them amidst the dispute with Beijing and Washington. The dispute happened because the US companies asked for immense support from the government so there is a decrease in components produced in factories situated in China.

us-china war
Source: Wangdora92

 

According to the US Department of Commerce, a number of applications have been received in response to building more manufacturing settings. The main idea is to start all the construction work in 2023.

ADVERTISEMENT

“We’re also going to be implementing the guardrails to ensure those who receive Chips funds cannot compromise national security,” the US commerce secretary, Gina Raimondo, said. “They’re not allowed to use this money to invest in China; they can’t develop leading-edge technologies in China; they can’t send the latest technology overseas”, says a report.

As of 2022, the United States takes pride in manufacturing about ten percent of semiconductors. Most of the chips are produced in South Korea and Taiwan.

The complete shortage of computer chips mostly because of the COVID-19 pandemic is the main reason why there has been a delay for carmakers in the United Kingdom and other places. In addition to this, a number of technology companies are facing major issues lately.


Are you eager to read news related to technology and other categories? Feel free to read at USA Periodical.

ADVERTISEMENT
Previous Post

50 Best Yoda Quotes & Sayings by the JEDI Master [with Images]

Next Post

Georgia Republican Marjorie Taylor Greene’s husband files for divorce after 27 years of marriage

Related Posts

Logitech G430 Gaming Headset 2023 Edition Review
Technology

Logitech G430 Gaming Headset 2023 Edition Review

March 21, 2023
Copy Trading 101 – How to Use a Good Copy Trading Platform
Technology

Copy Trading 101 – How to Use a Good Copy Trading Platform

March 3, 2023
Fansly vs. Onlyfans
Technology

Fansly vs. OnlyFans – Which Makes more money for Influencers?

February 17, 2023
Microsoft Placing Stakes in OpenAI
Technology

Microsoft Placing Stakes in OpenAI

January 10, 2023
It’s Time to Say Bye to Windows 7 and 8 Forever
Technology

It’s Time to Say Bye to Windows 7 and 8 Forever

January 10, 2023
Apple Planning to Drop Qualcomm Electronics
Technology

Apple Planning to Drop Qualcomm Electronics

January 10, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

US news

The axe-wielding man who attacked McDonald’s in Manhattan has been arrested again

October 13, 2022
Cowboys coach Mike McCarthy in talks on the field

Cowboys vs. Packers: Disappointing defeat of Cowboys despite coach McCarthy’s return to Lambeau Ground

November 14, 2022
LOVELEI founder and Head designer together

A New Influencer Partnership Program has been supported by LOVLEI and Verb Technology

August 1, 2022
Nickelback

Why do people hate Nickelback? – The Most Hated Band of All Time!

August 3, 2022
Distance between Taxes and California

How many miles from Texas to California?

November 4, 2022
ADVERTISEMENT

USA Periodical is a Modern News platform focusing beyond your typical news stories. We bring to you unconventional content, that you won't find on leading American dailies.

© USAPeriodical.com - 2022

  • Download App
  • Contact us
  • Privacy Policy
  • About Us
  • Join Us
DMCA.com Protection Status

No Result
View All Result
  • Home
  • News
    • US News
    • World
  • Entertainment
    • Movies
    • TV Series
    • Gaming
  • Technology
    • Science
    • Nature
  • People
    • Celebrities
    • Influencers
    • Actors / Actresses
    • Models
  • Business
  • Viral
    • Ideas
  • Lifestyle
    • Relationships
    • Well Being
    • Travel
    • Food
    • Home & Decor
  • Sports
  • Login

© USAPeriodical.com - All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.