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...Authorities have also banned some purchases of chips from US semiconductor maker Micron Technology....
...The White House has asked South Korea to urge its chipmakers not to fill any market gap in China if Beijing bans Idaho-based Micron from selling chips, as it tries to rally allies to counter Chinese economic...
...Beijing is conducting a national security review of the Idaho-based memory chipmaker. The US commerce department and Samsung Electronics declined to comment....
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
...A British business registered to a terraced house in a north London suburb appears to have arranged the sale of about $1.2bn of electronics into Russia since Vladimir Putin’s full-scale invasion of Ukraine...
...The ruling came from a small court that oversees most large US public companies, thanks to so many of them being incorporated in the state....
...An alternative source will open up when US memory-chip maker Micron’s leading-edge fab in Idaho starts production in 2027....
...In a departure from its previously cautious EV battery investment strategy, Panasonic is now vowing to use the new factory in the state of Kansas as a staging ground to mount a comeback....
...Berkshire is one of several companies pushing states, including Wyoming and Idaho, to pass laws that would cap payouts if a utility is found culpable in the event of a wildfire....
...“The CEO of Micron was basically begging me because he really wanted to do business in Texas,” said Texas governor Greg Abbott earlier this year. “He knew Texas was a better place....
...“Whether it’s for the purpose of getting access information or a simple way to cause harm to American business interests, there’s an incentive to do that.”...
...Mark Murphy, Micron’s chief financial officer, said the Idaho-based company estimated the ban could hit a low to high single-digit percentage of its revenue....
...“It’s a big decision potentially affecting many Apple employees in China, and it is sending out a message to American and other multinational corporations with business interests in China.”...
...In 2018, it announced plans to invest $350bn in the US economy, later boosted to $430bn. A recent deal with Broadcom to make 5G phone chips in US states is part of this plan....
...by a state-backed fund....
...The foreign ministry said China was committed to protecting the rights of foreign investors and creating a “market-oriented business environment”....
...“It’s astonishing that a trillion-dollar corporation at the pinnacle of the American tech industry just engages in blatantly dishonest processes, such as putting all of their communications in a form of...
...In a move in May that most experts saw as retaliatory, China banned the country’s infrastructure operators from buying chips from Micron, the Idaho-based semiconductor maker....
...“We’ve got two IDs now basically,” said the consultant, adding that the data issue “goes to the heart of why it’s hard to do business in China”....
...“The tenor in the room is . . . to understand that there will be some amount of business that we just do not want.”...
...The above might be evidence of Musk’s temperament but doesn’t say a whole lot about his business acumen....
...Finally, as a place holder in an important new category of technology, an Apple headset would be a statement of intent, rather than an end in itself....
...FIS employed a similar strategy in July, selling a majority stake in Worldpay to US buyout firm GTCR while keeping a 45 per cent stake in the business valued at $18.5bn....
...It has the backing of the US Constitution, which left the power to charter corporations in states’ hands....
...Just in recent weeks, China has sanctioned Lockheed Martin and Raytheon; begun a probe of Micron; raided the due diligence firm Mintz Group and arrested some of its staff; detained 17 Japanese businessmen...
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