A semiconductor startup founded by a former Huawei executive could be a way for the Chinese telecoms giant to circumvent U.S. sanctions that have blocked its access to American technology and equipment, Bloomberg reported. Pengxinwei IC Manufacturing is building a semiconductor manufacturing plant near Huawei’s headquarters and is purchasing foreign chip-making equipment. The report said...
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The Electric electric vehicles
The Electric: Western Auto and Battery Makers’ Big Gamble on Indonesian Nickel
For much of the last century, metals companies have made stainless steel from nickel mined in Russia or the Philippines and smelted at temperatures up to 2,900 degrees. But demand for nickel is outstripping supplies because the metal is a key component in most electric vehicle batteries. So metals producers have turned to a new supplier—Indonesia, which possesses vast reserves of a previously...
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