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Asia Sharkie

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- Asia SharkieAsia Sharkie
  ·2023-12-08
  DEAR APPLE CEO If Apple didn't stop the ideal of setup whatever in India. you are making the worst nightmare for your company. you know in south east asian. malay and chinese always said. if you see xxxxx. hit and run. they are snake 😆
  Apple Aims to Make a Quarter of the World’s iPhones in India
  Supplier Foxconn plans to build more factories and give India a production role once limited mostly to ChinaApple Chief Executive Tim Cook during the opening of a store in Mumbai in April. Apple and i
  Apple Aims to Make a Quarter of the World’s iPhones in India
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- Asia SharkieAsia Sharkie
  ·2023-12-08
  growth came from competition. beside the external factor from investor. market will be pushed by innovation and the innovation will growth the market much bigger than now. the cycle continuea
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- Asia SharkieAsia Sharkie
  ·2023-12-05
  well. we would thank US to do that. cause we welcome Nvidia to come and make their chips in Singapore and we are good to make money with China. We always welcome talents in this countries and boosting south east asia economy. using the same words : that's life
  US Commerce Secretary to Crack down on Nvidia AI Chips Redesigned to Get Around Trade Curbs
  Secretary of Commerce Gina Raimondo put companies like Nvidia that manufacture artificial intelligence (AI) chips on notice that the agency will move to quickly crack down on redesigned chips intended
  US Commerce Secretary to Crack down on Nvidia AI Chips Redesigned to Get Around Trade Curbs
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Apple and i","content":"<html><head></head><body><p>Supplier Foxconn plans to build more factories and give India a production role once limited mostly to China</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e2d48eb3fb15a722859cde4535996f41\" alt=\"Apple Chief Executive Tim Cook during the opening of a store in Mumbai in April. \" title=\"Apple Chief Executive Tim Cook during the opening of a store in Mumbai in April. \" tg-width=\"700\" tg-height=\"466\"/><span>Apple Chief Executive Tim Cook during the opening of a store in Mumbai in April. </span></p><p>Apple and its suppliers aim to build more than 50 million iPhones in India annually within the next two to three years, with additional tens of millions of units planned after that, according to people involved.</p><p style=\"text-align: start;\">If the plans are achieved, India would account for a quarter of global iPhone production and take further share toward the end of the decade. China will remain the largest iPhone producer.</p><p>Apple has gradually boosted its reliance on India in recent years despite challenges including rickety infrastructure and restrictive labor rules that often make doing business harder than in China. Among other issues, labor unions retain clout even in business-friendly states and are pushing back on an effort by companies to get permission for 12-hour work days, which Apple suppliers find helpful during crunch periods.</p><p>Apple and its suppliers, led by Taiwan-based Foxconn Technology Group, generally believe the initial push into India has gone well and are laying the groundwork for a bigger expansion, say people involved in the supply chain.</p><p style=\"text-align: start;\">Apple is emblematic of a move among companies worried about overdependence on China to move parts of their supply chains elsewhere, most often to Southeast Asia and South Asia. Diplomatic efforts by the U.S. and its allies to block Beijing’s access to advanced technology and strengthen ties with New Delhi have accelerated the trend.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df92e399ca15429ad3ede839e189c1f0\" alt=\"Employees worked on an assembly line at a factory of Rising Stars Mobile India, a unit of Foxconn, in Tamil Nadu, India, in 2019.\" title=\"Employees worked on an assembly line at a factory of Rising Stars Mobile India, a unit of Foxconn, in Tamil Nadu, India, in 2019.\" tg-width=\"700\" tg-height=\"466\"/><span>Employees worked on an assembly line at a factory of Rising Stars Mobile India, a unit of Foxconn, in Tamil Nadu, India, in 2019.</span></p><p>The first phase of a Foxconn plant under construction in the southern state of Karnataka is expected to start operating in April, and the plant aims to make 20 million mobile handsets annually, mainly iPhones, within the next two to three years, said people with direct knowledge of the construction plans.</p><p style=\"text-align: start;\">A further iPhone-producing megaplant is on Foxconn’s drawing board with capacity similar to the one in Karnataka, although the plans are still in a nascent stage, the people said.</p><p style=\"text-align: start;\">Apple has also chosen India as its site for a manufacturing stage for lower-end iPhones to be sold in 2025. In this stage, known as new product introduction, Apple’s teams work with contractors in translating product blueprints and prototypes into a detailed manufacturing plan. Until now, that work was done only in China.</p><p style=\"text-align: start;\">Combined with plans for expanded production at an existing Foxconn plant near Chennai and at another existing plant recently bought by Indian conglomerate Tata, these developments signify that Apple intends to have the capacity to make at least 50 million to 60 million iPhones in India annually within two to three years, said people involved in the planning.</p><p style=\"text-align: start;\">Annual capacity could grow by tens of millions of units after that.</p><p style=\"text-align: start;\">Foxconn indicated its commitment to India by announcing on Nov. 27 that it was investing the equivalent of more than $1.5 billion in the country, money that people familiar with the matter said would include production for Apple. The announcement didn’t mention the iPhone or name specific locations.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a659569b7c95ecb3d52392e7793c3fb7\" alt=\"China is the largest producer of Apple’s iPhones. \" title=\"China is the largest producer of Apple’s iPhones. \" tg-width=\"700\" tg-height=\"466\"/><span>China is the largest producer of Apple’s iPhones. </span></p><p>Global iPhone shipments last year totaled more than 220 million, according to research firm Counterpoint, a number that has remained steady in recent years. Because almost all iPhones are made in either China or India, China will continue to account for well over half of iPhone output.</p><p style=\"text-align: start;\">Apple has faced challenges in China this year beyond trade tensions with the U.S., including the Chinese government instructing some officials not to use iPhones at work.</p><p style=\"text-align: start;\">“India’s trust factor is very high,” said Ashwini Vaishnaw, India’s information technology minister.</p><p>This year, for the first time, India-made iPhones were introduced on the first day of global sales of the latest model, eliminating the lag with China-made phones.</p><p style=\"text-align: start;\">Supply-chain executives say hourly wages are now significantly lower in India than in China, but other costs such as transport remain higher, and labor unions sometimes resist rule changes sought by manufacturers. </p><p style=\"text-align: start;\">In May, the chief minister of Tamil Nadu state, where Foxconn’s flagship Chennai plant is located, said he would withdraw regulations allowing a 12-hour workday, weeks after the state passed an amendment authorizing the longer hours. The chief minister, M.K. Stalin, attributed the decision to opposition from labor activists.</p><p>Karnataka state has stood by a decision earlier this year to extend the workday to 12 hours, up from a previous limit of nine hours, though companies must seek approval to do so. A state labor official, G. Manjunath, said new rules also allow companies to employ women on overnight shifts without seeking government approval.</p><p style=\"text-align: start;\">After years of battling local-content rules and other red tape, Apple this year opened its first retail stores in India. Abhilash Kumar, an India-based analyst at TechInsights, said the top-of-the-line iPhone 15 Pro Max was selling well in the country, though it costs about $700 more than in the U.S.</p><p style=\"text-align: start;\">Apple is also making progress in India toward building a network of core suppliers, long a strength of Chinese manufacturing. Officials said this week that Japanese battery maker TDK would build a new factory in India’s Haryana state to manufacture battery cells to power Indian-made iPhones. A TDK spokesman declined to comment.</p><p>The moves don’t mean Apple and its suppliers are leaving China. Apple Chief Executive Tim Cook has traveled to China twice this year, stressing the country’s importance as a production hub and consumer market. He visited Luxshare, a China-based assembler that is taking a bigger role in the China portion of iPhone assembly.</p><p style=\"text-align: start;\">On social media, Apple has assured Chinese consumers that iPhones selling in authorized channels are made in China. At an industry event in Beijing that Chinese premier Li Qiang attended in late November, Apple’s booth stressed the company’s business with Chinese suppliers.</p><p style=\"text-align: start;\">Foxconn Chairman Young Liu said in November that China would continue to account for the largest share of Foxconn’s capital investment next year.</p><p style=\"text-align: start;\">Liu has visited India at least three times in the past year and a half, meeting Prime Minister Narendra Modi and other officials. People involved in the planning said Modi’s home state of Gujarat in the west was one possible site of a future Foxconn plant. Meanwhile, the company has other projects in the works in the southern half of the country for electronic components and a plant likely to focus on making AirPods for Apple.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3ed4190fc0b34943281ff62e756b7a96\" alt=\"A Wistron factory in India. The company has been making iPhones in the country.\" title=\"A Wistron factory in India. The company has been making iPhones in the country.\" tg-width=\"700\" tg-height=\"466\"/><span>A Wistron factory in India. The company has been making iPhones in the country.</span></p><p style=\"text-align: start;\">The plant in Karnataka state is under construction on 300 acres of land near the airport in Bengaluru, a southern city that is considered India’s tech hub. Officials involved in the planning said Foxconn has secured approval to invest nearly $1 billion in the plant and is seeking the go-ahead to put in an additional $600 million or so.</p><p style=\"text-align: start;\">Combined with other projects, Foxconn’s investments in the state are likely to reach around $2.7 billion, they said.</p><p style=\"text-align: start;\">Some iPhones are also made at a plant near Bengaluru that India’s Tata Electronics agreed in October to buy from Taiwan’s Wistron. Tata Group is the first local company to take on manufacturing iPhones.</p><p style=\"text-align: start;\">“Apple has created an additional spoke in its India strategy by roping in the country’s largest business group—Tata—to be a part of its manufacturing system in addition to Foxconn,” said India’s junior information-technology minister, Rajeev Chandrasekhar.</p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Aims to Make a Quarter of the World’s iPhones in India</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Aims to Make a Quarter of the World’s iPhones in India\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-08 16:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/tech/apple-aims-to-make-a-quarter-of-the-worlds-iphones-in-india-ab7f6342?mod=hp_lead_pos1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Supplier Foxconn plans to build more factories and give India a production role once limited mostly to ChinaApple Chief Executive Tim Cook during the opening of a store in Mumbai in April. Apple and ...</p>\n\n<a href=\"https://www.wsj.com/tech/apple-aims-to-make-a-quarter-of-the-worlds-iphones-in-india-ab7f6342?mod=hp_lead_pos1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.wsj.com/tech/apple-aims-to-make-a-quarter-of-the-worlds-iphones-in-india-ab7f6342?mod=hp_lead_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104944135","content_text":"Supplier Foxconn plans to build more factories and give India a production role once limited mostly to ChinaApple Chief Executive Tim Cook during the opening of a store in Mumbai in April. Apple and its suppliers aim to build more than 50 million iPhones in India annually within the next two to three years, with additional tens of millions of units planned after that, according to people involved.If the plans are achieved, India would account for a quarter of global iPhone production and take further share toward the end of the decade. China will remain the largest iPhone producer.Apple has gradually boosted its reliance on India in recent years despite challenges including rickety infrastructure and restrictive labor rules that often make doing business harder than in China. Among other issues, labor unions retain clout even in business-friendly states and are pushing back on an effort by companies to get permission for 12-hour work days, which Apple suppliers find helpful during crunch periods.Apple and its suppliers, led by Taiwan-based Foxconn Technology Group, generally believe the initial push into India has gone well and are laying the groundwork for a bigger expansion, say people involved in the supply chain.Apple is emblematic of a move among companies worried about overdependence on China to move parts of their supply chains elsewhere, most often to Southeast Asia and South Asia. Diplomatic efforts by the U.S. and its allies to block Beijing’s access to advanced technology and strengthen ties with New Delhi have accelerated the trend.Employees worked on an assembly line at a factory of Rising Stars Mobile India, a unit of Foxconn, in Tamil Nadu, India, in 2019.The first phase of a Foxconn plant under construction in the southern state of Karnataka is expected to start operating in April, and the plant aims to make 20 million mobile handsets annually, mainly iPhones, within the next two to three years, said people with direct knowledge of the construction plans.A further iPhone-producing megaplant is on Foxconn’s drawing board with capacity similar to the one in Karnataka, although the plans are still in a nascent stage, the people said.Apple has also chosen India as its site for a manufacturing stage for lower-end iPhones to be sold in 2025. In this stage, known as new product introduction, Apple’s teams work with contractors in translating product blueprints and prototypes into a detailed manufacturing plan. Until now, that work was done only in China.Combined with plans for expanded production at an existing Foxconn plant near Chennai and at another existing plant recently bought by Indian conglomerate Tata, these developments signify that Apple intends to have the capacity to make at least 50 million to 60 million iPhones in India annually within two to three years, said people involved in the planning.Annual capacity could grow by tens of millions of units after that.Foxconn indicated its commitment to India by announcing on Nov. 27 that it was investing the equivalent of more than $1.5 billion in the country, money that people familiar with the matter said would include production for Apple. The announcement didn’t mention the iPhone or name specific locations.China is the largest producer of Apple’s iPhones. Global iPhone shipments last year totaled more than 220 million, according to research firm Counterpoint, a number that has remained steady in recent years. Because almost all iPhones are made in either China or India, China will continue to account for well over half of iPhone output.Apple has faced challenges in China this year beyond trade tensions with the U.S., including the Chinese government instructing some officials not to use iPhones at work.“India’s trust factor is very high,” said Ashwini Vaishnaw, India’s information technology minister.This year, for the first time, India-made iPhones were introduced on the first day of global sales of the latest model, eliminating the lag with China-made phones.Supply-chain executives say hourly wages are now significantly lower in India than in China, but other costs such as transport remain higher, and labor unions sometimes resist rule changes sought by manufacturers. In May, the chief minister of Tamil Nadu state, where Foxconn’s flagship Chennai plant is located, said he would withdraw regulations allowing a 12-hour workday, weeks after the state passed an amendment authorizing the longer hours. The chief minister, M.K. Stalin, attributed the decision to opposition from labor activists.Karnataka state has stood by a decision earlier this year to extend the workday to 12 hours, up from a previous limit of nine hours, though companies must seek approval to do so. A state labor official, G. Manjunath, said new rules also allow companies to employ women on overnight shifts without seeking government approval.After years of battling local-content rules and other red tape, Apple this year opened its first retail stores in India. Abhilash Kumar, an India-based analyst at TechInsights, said the top-of-the-line iPhone 15 Pro Max was selling well in the country, though it costs about $700 more than in the U.S.Apple is also making progress in India toward building a network of core suppliers, long a strength of Chinese manufacturing. Officials said this week that Japanese battery maker TDK would build a new factory in India’s Haryana state to manufacture battery cells to power Indian-made iPhones. A TDK spokesman declined to comment.The moves don’t mean Apple and its suppliers are leaving China. Apple Chief Executive Tim Cook has traveled to China twice this year, stressing the country’s importance as a production hub and consumer market. He visited Luxshare, a China-based assembler that is taking a bigger role in the China portion of iPhone assembly.On social media, Apple has assured Chinese consumers that iPhones selling in authorized channels are made in China. At an industry event in Beijing that Chinese premier Li Qiang attended in late November, Apple’s booth stressed the company’s business with Chinese suppliers.Foxconn Chairman Young Liu said in November that China would continue to account for the largest share of Foxconn’s capital investment next year.Liu has visited India at least three times in the past year and a half, meeting Prime Minister Narendra Modi and other officials. People involved in the planning said Modi’s home state of Gujarat in the west was one possible site of a future Foxconn plant. Meanwhile, the company has other projects in the works in the southern half of the country for electronic components and a plant likely to focus on making AirPods for Apple.A Wistron factory in India. The company has been making iPhones in the country.The plant in Karnataka state is under construction on 300 acres of land near the airport in Bengaluru, a southern city that is considered India’s tech hub. Officials involved in the planning said Foxconn has secured approval to invest nearly $1 billion in the plant and is seeking the go-ahead to put in an additional $600 million or so.Combined with other projects, Foxconn’s investments in the state are likely to reach around $2.7 billion, they said.Some iPhones are also made at a plant near Bengaluru that India’s Tata Electronics agreed in October to buy from Taiwan’s Wistron. Tata Group is the first local company to take on manufacturing iPhones.“Apple has created an additional spoke in its India strategy by roping in the country’s largest business group—Tata—to be a part of its manufacturing system in addition to Foxconn,” said India’s junior information-technology minister, Rajeev Chandrasekhar.","news_type":1},"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":249878618136856,"gmtCreate":1702024591379,"gmtModify":1702024793642,"author":{"id":"4163470310294252","authorId":"4163470310294252","name":"Asia Sharkie","avatar":"https://community-static.tradeup.com/news/c5da84e9761a72d51f331aa6df7c4e1b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4163470310294252","authorIdStr":"4163470310294252"},"themes":[],"htmlText":"growth came from competition. beside the external factor from investor. market will be pushed by innovation and the innovation will growth the market much bigger than now. the cycle continuea","listText":"growth came from competition. beside the external factor from investor. market will be pushed by innovation and the innovation will growth the market much bigger than now. the cycle continuea","text":"growth came from competition. beside the external factor from investor. market will be pushed by innovation and the innovation will growth the market much bigger than now. the cycle continuea","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/249878618136856","isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":248828455825624,"gmtCreate":1701781205352,"gmtModify":1701782717470,"author":{"id":"4163470310294252","authorId":"4163470310294252","name":"Asia Sharkie","avatar":"https://community-static.tradeup.com/news/c5da84e9761a72d51f331aa6df7c4e1b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4163470310294252","authorIdStr":"4163470310294252"},"themes":[],"htmlText":"well. we would thank US to do that. cause we welcome Nvidia to come and make their chips in Singapore and we are good to make money with China. We always welcome talents in this countries and boosting south east asia economy. using the same words : that's life&nbsp;","listText":"well. we would thank US to do that. cause we welcome Nvidia to come and make their chips in Singapore and we are good to make money with China. We always welcome talents in this countries and boosting south east asia economy. using the same words : that's life&nbsp;","text":"well. we would thank US to do that. cause we welcome Nvidia to come and make their chips in Singapore and we are good to make money with China. We always welcome talents in this countries and boosting south east asia economy. using the same words : that's life","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/248828455825624","repostId":"2389379815","repostType":2,"repost":{"id":"2389379815","kind":"highlight","pubTimestamp":1701758409,"share":"https://ttm.financial/m/news/2389379815?lang=&edition=fundamental","pubTime":"2023-12-05 14:40","market":"us","language":"en","title":"US Commerce Secretary to Crack down on Nvidia AI Chips Redesigned to Get Around Trade Curbs","url":"https://stock-news.laohu8.com/highlight/detail?id=2389379815","media":"Fox Business","summary":"Secretary of Commerce Gina Raimondo put companies like Nvidia that manufacture artificial intelligence (AI) chips on notice that the agency will move to quickly crack down on redesigned chips intended","content":"<html><head></head><body><p>Secretary of Commerce Gina Raimondo put companies like Nvidia that manufacture artificial intelligence (AI) chips on notice that the agency will move to quickly crack down on redesigned chips intended to get around export controls that apply to adversarial countries like China.</p><p>The Commerce Department has put in place export controls designed to restrict the most advanced AI chips from being sold to countries like China where they could serve a dual-use purpose, aiding the country’s military modernization while also boosting its economic and technological competitiveness. Export controls require companies to obtain a license from federal agencies to sell covered products overseas, effectively giving the government a veto over the transaction.</p><p>To retain access to lucrative overseas markets affected by the export controls, chipmakers have redesigned modified versions of those chips to make them compliant with the regulations — which has prompted a game of cat-and-mouse as the agency imposes new curbs in response to the reworked chips.</p><p>&#34;We cannot let China get these chips. Period. We’re going to deny them our most cutting-edge technology,&#34; Raimondo said Saturday at the Reagan National Defense Forum in California.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/42493cb9c07fa2f0fa77256a04be7d4b\" tg-width=\"1280\" tg-height=\"720\"/></p><p> Secretary of Commerce Gina Raimondo said that AI chipmakers that redesign AI chips to get around export controls will see the reworked chips subjected to those controls as well.</p><p>&#34;I know there are CEOs of chip companies in this audience who were a little cranky with me when I did that because you’re losing revenue,&#34; Raimondo explained. &#34;Such is life. Protecting our national security matters more than short-term revenue.&#34;</p><p>&#34;If you redesign a chip around a particular cut line that enables them to do AI, I’m going to control it the very next day,&#34; she added.</p><p>A spokesperson for Nvidia told FOX Business, &#34;We are engaged with the U.S. government and, following the government’s clear guidelines, are working to offer compliant data center solutions to customers worldwide.&#34;</p><p>The Commerce Department did not immediately respond to a request for comment.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/47117846bd721f58dd9e679d6d85157b\" tg-width=\"1280\" tg-height=\"720\"/></p><p> Nvidia CFO Colette Kress said on a November 2023 earnings call that about one-fourth of the revenue from the company&#39;s data center segment comes from countries subject to export controls.</p><p>The Biden administration issued a broad set of export controls broadly aimed at restricting China’s access to the most advanced AI chips that can serve dual-use purposes in October 2022. The administration expanded on those restrictions this fall with another round of export controls.</p><p>Nvidia has sold its A800 and H800 AI chips in the Chinese market as recently as this summer, which are modified versions of more powerful products like the A100 and H100 in its portfolio that have been subject to export controls. The A800 and H800 chips, as well as Nvidia’s L40S chips, were added to the export control list in mid-October 2023, which Nvidia said came about when the Commerce Dept. sped up the restrictions’ implementation.</p><p>China is locked in a race with the U.S. to achieve technological supremacy in the AI space and needs high-end AI chips from U.S. companies to achieve that.</p><p>China isn’t the only country the U.S. has imposed export controls on that cover AI chips. The Biden administration has also extended those restrictions to Vietnam and several countries in the Middle East, which Nvidia noted includes but isn’t limited to Saudi Arabia and the United Arab Emirates, while Israel is excluded from the export controls.</p><p>During an earnings call last month, Nvidia chief financial officer Colette Kress indicated the company plans to produce products that comply with export controls in the months ahead.</p><p>She noted that about one-fourth of the company’s sales in its data center segment, which generated $14.5 billion in revenue in Q3 of its fiscal year 2024, come from countries covered by the export controls.</p><p>&#34;We expect that our sales to these destinations will decline significantly in the fourth quarter of fiscal 2024, though we believe the decline will be more than offset by strong growth in other regions,&#34; she added.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Commerce Secretary to Crack down on Nvidia AI Chips Redesigned to Get Around Trade Curbs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-12-05 14:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/commerce-secretary-crack-down-nvidia-234417503.html><strong>Fox Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Secretary of Commerce Gina Raimondo put companies like Nvidia that manufacture artificial intelligence (AI) chips on notice that the agency will move to quickly crack down on redesigned chips intended...</p>\n\n<a href=\"https://finance.yahoo.com/news/commerce-secretary-crack-down-nvidia-234417503.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU0109392836.USD":"富兰克林科技股A","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4592":"伊斯兰概念","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","BK4585":"ETF&股票定投概念","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4529":"IDC概念","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4587":"ChatGPT概念","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","NVDA":"英伟达","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4588":"碎股","BK4579":"人工智能","BK4141":"半导体产品","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4581":"高盛持仓","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0056508442.USD":"贝莱德世界科技基金A2","BK4550":"红杉资本持仓","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4527":"明星科技股","BK4543":"AI","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0080751232.USD":"富达环球多元动力基金A","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC"},"source_url":"https://finance.yahoo.com/news/commerce-secretary-crack-down-nvidia-234417503.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2389379815","content_text":"Secretary of Commerce Gina Raimondo put companies like Nvidia that manufacture artificial intelligence (AI) chips on notice that the agency will move to quickly crack down on redesigned chips intended to get around export controls that apply to adversarial countries like China.The Commerce Department has put in place export controls designed to restrict the most advanced AI chips from being sold to countries like China where they could serve a dual-use purpose, aiding the country’s military modernization while also boosting its economic and technological competitiveness. Export controls require companies to obtain a license from federal agencies to sell covered products overseas, effectively giving the government a veto over the transaction.To retain access to lucrative overseas markets affected by the export controls, chipmakers have redesigned modified versions of those chips to make them compliant with the regulations — which has prompted a game of cat-and-mouse as the agency imposes new curbs in response to the reworked chips.\"We cannot let China get these chips. Period. We’re going to deny them our most cutting-edge technology,\" Raimondo said Saturday at the Reagan National Defense Forum in California. Secretary of Commerce Gina Raimondo said that AI chipmakers that redesign AI chips to get around export controls will see the reworked chips subjected to those controls as well.\"I know there are CEOs of chip companies in this audience who were a little cranky with me when I did that because you’re losing revenue,\" Raimondo explained. \"Such is life. Protecting our national security matters more than short-term revenue.\"\"If you redesign a chip around a particular cut line that enables them to do AI, I’m going to control it the very next day,\" she added.A spokesperson for Nvidia told FOX Business, \"We are engaged with the U.S. government and, following the government’s clear guidelines, are working to offer compliant data center solutions to customers worldwide.\"The Commerce Department did not immediately respond to a request for comment. Nvidia CFO Colette Kress said on a November 2023 earnings call that about one-fourth of the revenue from the company's data center segment comes from countries subject to export controls.The Biden administration issued a broad set of export controls broadly aimed at restricting China’s access to the most advanced AI chips that can serve dual-use purposes in October 2022. The administration expanded on those restrictions this fall with another round of export controls.Nvidia has sold its A800 and H800 AI chips in the Chinese market as recently as this summer, which are modified versions of more powerful products like the A100 and H100 in its portfolio that have been subject to export controls. The A800 and H800 chips, as well as Nvidia’s L40S chips, were added to the export control list in mid-October 2023, which Nvidia said came about when the Commerce Dept. sped up the restrictions’ implementation.China is locked in a race with the U.S. to achieve technological supremacy in the AI space and needs high-end AI chips from U.S. companies to achieve that.China isn’t the only country the U.S. has imposed export controls on that cover AI chips. The Biden administration has also extended those restrictions to Vietnam and several countries in the Middle East, which Nvidia noted includes but isn’t limited to Saudi Arabia and the United Arab Emirates, while Israel is excluded from the export controls.During an earnings call last month, Nvidia chief financial officer Colette Kress indicated the company plans to produce products that comply with export controls in the months ahead.She noted that about one-fourth of the company’s sales in its data center segment, which generated $14.5 billion in revenue in Q3 of its fiscal year 2024, come from countries covered by the export controls.\"We expect that our sales to these destinations will decline significantly in the fourth quarter of fiscal 2024, though we believe the decline will be more than offset by strong growth in other regions,\" she added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000538","authorId":"9000000000000538","name":"JessieTheresa","avatar":"https://static.tigerbbs.com/aa7cf122cebf5a413a760f20bd5fed89","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000538","authorIdStr":"9000000000000538"},"content":"Our economy is vibrant and has great potential, it won't let them down :)","text":"Our economy is vibrant and has great potential, it won't let them down :)","html":"Our economy is vibrant and has great potential, it won't let them down :)"}],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}