... cycle that relied on US companies’ access to global markets which made it possible to invest heavily in research and development.
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US companies earned billions of dollars annually by selling technologies and licences to China. According to SIA, China purchased semiconductors worth $378 billion in 2020 alone.
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Export restrictions will reduce the revenue and disincentivise companies from engaging in innovation. Experts notes that excessive control of technology in the name of national security could strip ...
... technology policy toward the PRC. In the long run, China will increase investment in basic research and development to ensure technological independence. The U.S. faces the challenge of balancing its technology policy to keep a hold on the existing gap with China in semiconductors for generations to come but, on the other hand, not to destroy key drivers of growing technological competencies for itself and its allies. Yet, as Chinese technological capabilities further evolve, it will become increasingly difficult ...
... company of espionage, reverse engineering and all manner of other sins and launched a campaign to pressure U.S. and foreign companies to cut ties with the Chinese tech giant. The standoff turned into sanctions in May 2019 (the restrictions imposed against China in April 2019 were merely an ace up the sleeve for Trump’s negotiations with Xi Jinping in Osaka and were quickly lifted). The first stage of the sanctions involved prohibiting U.S. government agencies from purchasing technology produced by
Huawei
...
