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BREAKING
Syrian media: Four Israeli helicopters have touched down in the southern city of Sweida.
UN Security Council member states, excluding the United States, confirm that there is a famine in Gaza.
Syrian media: The Israeli occupation forces launch a series of airstrikes in the western Damascus countryside.
Al Mayadeen correspondent: 51 people martyred in Israeli aggression on Gaza since Wednesday morning.
Saree: Yemen will not abandon its stance in support of Gaza no matter the challenges and repercussions until the blockade imposed on the territory is lifted and the aggression it is facing is halted.
Saree: The entire world admitting to the scale of famine and aggression endured by our brothers in Gaza puts the Islamic and Arab worlds before a religious and historic responsibility.
Saree: The operation was carried out in support of the Palestinian people and their Resistance fighters, as well as in response to the genocide and deliberate starvation being perpetrated by the Israeli enemy in Gaza.
Saree: The operation achieved its goals, causing millions of enraged settlers to flee to shelters and suspending air traffic at the airport.
Yemeni Armed Forces: The operation successfully achieved its objective, sending millions of settlers to shelters and suspending airport activity.
Yemeni Armed Forces spokesperson Yahya Saree: The Yemeni Missile Force carried out an operation that targeted al-Lydd airport in occupied Yaffa using a Palestine 2 ballistic missile.

US, India sign chips memorandum as global tech race escalates

  • By Al Mayadeen English
  • Source: Agencies
  • 11 Mar 2023 13:15
2 Min Read

The US and India agree to develop bilateral connections between the tech industries of both countries.

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  • DDS
    An illustration of a microchip integrated into a motherboard (crstrbrt)

The United States and India agreed to establish a semiconductor sub-committee to help develop stronger ties between the industries of both companies and create a supply chain connecting the relative chip sectors.

The sub-committee is expected to hold its first session before the end of this year.

The two countries signed a Memorandum of Understanding (MoU) on the matter during a Commercial Dialogue meeting in New Delhi between the Indian Minister of Commerce Piyush Goyal and his American counterpart Gina Raimondo.

Read more: IMF: US curbs on Chinese chip technology harm global economy

"Towards that end [promoting cooperation in the semiconductor sector], the Minister and the Secretary welcomed the signing of a Memorandum of Understanding establishing a Semiconductor Sub-committee under the Commercial Dialogue, led by the Department of Commerce for the U.S. side and the Ministry of Electronics and Information Technology (MeitY) and Ministry of Commerce and Industry for the Indian side," both parties said in a joint statement.

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The agreement comes amid increasingly hostile US measures toward Beijing, as the former is attempting to create an informal bloc with its international allies to restrict China's access to advanced semiconductors and machinery involved in manufacturing them.

Read more: India invites Chinese and Pakistani FMs to SCO meeting later in May

The Netherlands said it introduced new plans to restrict chipmaking technology imports to China, which will be added to existing anti-China provisions adopted earlier following pressure from Washington to limit Beijing's access to the industry's technology.

In October 2022, the US Department of Commerce introduced sanctions on China, putting hurdles in Beijing's way to buy or develop advanced semiconductors. 

China responded by filing a case with the World Trade Organization (WTO), hitting back at US export sanctions on microchips, further fueling the tech war between the two countries.

Last Tuesday, China accused Biden's administration of ramping up tensions toward Beijing following targeted unilateral sanctions against Chinese companies, by adopting restrictions to limit the Asian giant's access to some technologies and pressuring other countries to do so.

Read more: China leading US in technology: Think tank

  • United States
  • Chips industry
  • US
  • semiconductors
  • China

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