A New Era in US-Vietnam Technological Partnership
U.S. President JoeBiden with Vietnam President Vo Van Thuong in Hanoi, Vietnam. (Image source: REUTERS/Evelyn Hockstein) The United States and Vietnam have solidified their strategic ties in a groundbreaking move that aims to boost technological capabilities and counterbalance regional influences. This partnership is set to pave the way for unprecedented business ventures driven by industry…
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New Tax Incentives for Semiconductor Manufacturing
Great news for the U.S. semiconductor industry! On Tuesday, March 21, 2023, the IRS and Treasury Department proposed new rules to provide tax incentives for producing semiconductors and semiconductor manufacturing equipment within the country. This move is part of the Creating Helpful Incentives to Produce Semiconductors Act of 2022, or the CHIPS Act, which has…
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Dutch Bolster U.S. Against Chinese Chip Technology
The Netherlands has taken a significant step in limiting China’s access to high-performance semiconductors by announcing plans to restrict the export of key chip-making tools. This move is part of the US’s ongoing effort to curb China’s ability to develop advanced military technologies such as hypersonic missiles. The Financial Times reports that the deal, which…
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Semiconductor Industry Gets a Boost From North America
Mexico, the United States, and Canada have recently announced a joint effort to strengthen the semiconductor industry in North America. This effort will benefit all three countries, as well as the world by providing a secure supply of semiconductors for global markets. Here’s what you need to know about this new initiative. What is Being…
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