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China says Qualcomm admitted to acquiring Autotalks without informing regulator

By Selena Li HONG KONG (Reuters) -U.S. semiconductor manufacturer Qualcomm admitted that it had not informed Chinese authorities when it completed its acquisition of Israel’s Autotalks in June, China’s market regulator said on Sunday. The disclosure was made two days after China launched an antitrust investigation into Qualcomm, examining whether the U.S. firm violated China’s antitrust …

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Beijing blames US for raising trade tensions, defends rare earth curbs

By Eduardo Baptista and Selena Li BEIJING/HONG KONG (Reuters) -China called U.S. President Donald Trump’s latest tariffs on Chinese goods hypocritical on Sunday and defended its curbs on exports of rare earth elements and equipment, but stopped short of imposing new levies on U.S. products. Trump on Friday responded to Beijing’s most recent export controls …

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Taiwan sees no significant impact on chip sector from China rare earths curbs

TAIPEI (Reuters) -No significant impact is expected on Taiwan’s semiconductor industry from China’s new curbs on rare earths as they differ from the metals needed for the chip sector, the island’s economy ministry said on Sunday. China dramatically expanded its rare earths export controls on Thursday, adding five new elements and extra scrutiny for chip …

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Trump ratchets up US-China trade war, promising new tariffs

By Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Donald Trump revived the trade war against Beijing on Friday, ending an uneasy truce between the two largest economies with promises to sharply hike tariffs in a reprisal against China curbing its critical mineral exports. The president unveiled additional levies of 100% on China’s U.S.-bound exports, along with …

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Trump threatens China with export controls on Boeing parts

By Dan Catchpole and Steve Holland WASHINGTON (Reuters) -The United States could impose export controls on Boeing plane parts as part of Washington’s response to Chinese export limits on rare earth minerals, President Donald Trump said on Friday. Trump has frequently used Boeing in his aggressive efforts to reshape global trade since taking office in …

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US eases some penalties tied to foreign-built ships, toughens others

By Lisa Baertlein and David Lawder (Reuters) -The United States Trade Representative’s office said on Friday it would modify certain maritime-related fees for foreign-built vehicle carriers and liquefied natural gas vessels ahead of port fees on China-linked ships slated to go into effect next week. USTR said in a statement that fees on operators of …

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China hits back on US port fees with retaliatory levies

By Ryan Woo, Lisa Baertlein and Arathy Somasekhar BEIJING/LOS ANGELES (Reuters) -China will slap port fees on U.S.-owned, operated, built, or flagged vessels on Tuesday as a countermeasure to U.S. port fees on China-linked ships starting the same day, China’s transport ministry said on Friday. Later in the day, U.S. President Donald Trump said he …

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Samsung hit with $445.5 million US jury verdict over wireless communications patents

By Blake Brittain (Reuters) -A federal jury in Marshall, Texas found on Friday that Samsung Electronics owes patent owner Collision Communications nearly $445.5 million in damages for infringing on patents related to 4G, 5G and Wi-Fi communications standards. The jury said that Samsung’s laptops, Galaxy smartphones and other wireless-enabled devices infringe four Collision patents. The …

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Investors react to Trump’s massive increase in China tariffs​

NEW YORK (Reuters) -U.S. President Donald Trump on Friday said he was increasing tariffs on Chinese exports to the U.S. to 100% and imposing export controls on “any and all critical software” in a reprisal to recently announced export limits by China on rare earth minerals critical to tech and other manufacturing. Earlier, he said …

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Exclusive-Venture Global’s arbitration settlement announced Oct 9 involved Chinese firm Unipec, sources say

By America Hernandez, Francesca Landini and Curtis Williams HOUSTON/PARIS/MILAN/LONDON (Reuters) -The settlement of an arbitration announced on October 9 by Venture Global involved Unipec, a trading unit of Chinese state-owned oil and gas firm Sinopec, according to two sources with knowledge of the matter. Venture Global first announced the resolution on Thursday without disclosing the …

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