Latest news with #TaiwanPlusNews
Express Tribune
21-05-2025
- Business
- Express Tribune
Nvidia CEO backs Trump plan to scrap AI chip export curbs to China
Listen to article Speaking at the Computext tade show in Taipei, Nvidia CEO Jensen Huang praised President Donald Trump's move to reverse some of the AI chip export curbs, which he said have backfired strategically and economically. He has strongly criticised the Biden administration's export restrictions on artificial intelligence (AI) chips to China, calling them a 'failure' that cost American tech firms billions in revenue. 'All in all, the export control was a failure,' said Huang. 'The fundamental assumptions that led to the AI diffusion rule have been proven fundamentally flawed.' Jensen Huang has landed. The Nvidia CEO praised U.S. President Donald Trump upon his arrival in Taiwan, but stayed mum about the site of a reported new office for the tech giant in the country. — TaiwanPlus News (@taiwanplusnews) May 17, 2025 The Biden-era 'AI diffusion rule' segmented countries into three tiers, completely blocking China from accessing high-performance US-made AI chips. The restrictions drove Chinese firms to invest heavily in local alternatives, notably Huawei, and accelerated Beijing's ambitions to build an independent semiconductor supply chain. Huang revealed Nvidia's market share in China plummeted from 95% to 50% since introduction of Biden's controls. He argued that these measures only incentivised China to double down on domestic development, while cutting off US firms from a key market worth an estimated $50 billion next year. 'Our competition in China is really intense,' Huang said. 'They would love for us never to go back.' Trump administration officials are reportedly planning to abandon the current tiered restriction system in favour of a global licensing framework involving government-to-government agreements. Such a shift could offer the US more leverage in trade negotiations and reduce unintended consequences of blanket bans. Huang praised this strategic rethink, stating: 'President Trump realises it's exactly the wrong goal to try to isolate US technology from the world.' The chipmaker has been hit hard financially by the restrictions. Nvidia disclosed in April it would take a $5.5 billion charge due to the inability to sell its H20 AI chip in China. Huang later estimated total revenue loss from H20 export limits could reach $15 billion. Despite the setbacks, Nvidia is working on a compliant version of its Blackwell chip with downgraded memory to meet US export regulations. China, meanwhile, has denounced the US export rules as discriminatory. The commerce ministry in Beijing urged Washington to reverse course, warning of 'resolute measures' if restrictions continue to damage Chinese economic interests. Nvidia remains hopeful of re-entering the Chinese market more fully if Trump's revised policy takes effect, potentially easing current barriers and opening up further opportunities in one of the world's fastest-growing AI sectors.
The Star
05-05-2025
- Politics
- The Star
Philippine-Taiwan interaction would be seen in Beijing as independence support, analyst says
Potential Philippine interactions with Taiwan would be a 'dangerous step' that would be seen as support for Taiwanese independence and could trigger economic retaliation from Beijing, according to a Chinese academic. China's foreign ministry summoned Jaime FlorCruz, Manila's envoy to Beijing, on Tuesday to lodge 'solemn representations over a series of negative moves recently made by the Philippines concerning Taiwan and security-related issues', the ministry said. The ministry did not elaborate but on the same day the Chinese embassy in Manila warned against remarks by Philippine Navy Rear Admiral Roy Vincent Trinidad that the Philippines and Taiwan were in talks over 'international cooperation'. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. In a report on TV channel TaiwanPlus News on Tuesday, Trinidad said the two navies were considering joint patrols in the Luzon Strait. 'We now have the regularisation of the cross-strait transit of warships. I believe that there will be an increase of that in the coming years. That will also be just one step away from doing joint activities, military to military,' said Trinidad, who is also the military spokesman for South China Sea issues. It was the first time a Philippine senior military official had acknowledged potential military cooperation with Taiwan. In a separate statement, Trinidad said he was referring to international cooperation and not joint patrols between the Philippines and Taiwan, the Taiwanese media outlet said on its Facebook page. Dai Fan, an associate professor and director of the centre for Philippine studies at Jinan University in Guangzhou, said that any official interactions with Taiwan would be interpreted as support for Taiwanese independence, which was bound to rile Beijing. 'The Philippines is taking a very dangerous step, and it will be significantly detrimental to Sino-Philippines relations,' Dai said. 'I think China is likely to make a very strong response, including in the economic area, and the Philippines would have to take the consequence.' That sentiment was reflected in a statement from the Chinese embassy in Manila, which urged the 'Philippine side to abide by the one-China principle, stop any form of official interaction with the Taiwan authorities, and stop sending wrong signals to 'Taiwan independence' separatist forces'. 'We call on relevant officials of the Philippines to refrain from making provocations on the Taiwan question. Those who play with fire will perish by it,' the embassy said on Tuesday. Beijing sees Taiwan as part of China to be reunited by force if necessary. Most countries, including the US, do not recognise Taiwan as an independent state, but Washington is opposed to any attempt to take the self-governed island by force and is committed to arm Taiwan. In a further move that has touched the nerves of Beijing, Philippine President Ferdinand Marcos Jnr has eased a 38-year travel restriction to allow most of the country's government officials to visit Taiwan. Under a memorandum circular, which was signed on April 15 but only made public on April 21, Philippine officials are allowed to visit Taiwan for economic, trade and investment purposes, though they should carry ordinary passports and should not use their official titles. They may also host delegations from Taiwan for economic, trade and investment activities through the Manila Economic and Cultural Office. However, travel restrictions remained in place for the Philippine president, vice-president and secretaries of foreign affairs and defence. Philippine officials said the government was looking to maximise its investment opportunities with Taiwan. In 1987, then president Corazon Aquino signed an executive order banning all Philippine officials from visiting Taiwan or officially receiving Taiwanese delegations. In Manila on Wednesday, the Department of Foreign Affairs stressed that the Philippines and China would continue to 'exchange frank views' over the Taiwan issue and other matters 'through regular diplomatic channels', according to news site the Manila Bulletin. Ties between Beijing and Manila have frayed since Marcos aligned the country's foreign and security policies with Washington in countering China. The two sides are locked in frequent and intense confrontations – including collisions between ships – in the disputed waters in the South China Sea. Referring to Scarborough Shoal by its Chinese name, China Coast Guard said on Wednesday that it conducted 'law enforcement patrols in the territorial waters of Huangyan Island and surrounding areas'. The shoal has been under Beijing's control since 2012 and is also claimed by Manila, where it is known as Panatag Shoal. The Chinese coastguard said it had stepped up security in the area this month to 'resolutely safeguard the country's territorial sovereignty and maritime rights and interests' through measures such as tracking, surveillance, verbal warnings, and lawful interception. The People's Liberation Army often sails its warships to monitor joint patrols between the Philippines and the US and its allies. On Tuesday, the PLA navy and air force conducted 'routine patrols' in response to what it called 'frequent maritime infringements, provocations and troublemaking' by the Philippines at a time when the Philippine and US air forces were carrying out their own joint mission above the disputed waterway, according to the PLA's Southern Theatre Command. When Marcos congratulated Taiwanese leader William Lai Ching-te for winning Taiwan's election in January last year, Beijing was infuriated and lodged a strong protest, and Manila soon reaffirmed the country's one-China policy. More from South China Morning Post: For the latest news from the South China Morning Post download our mobile app. Copyright 2025.
South China Morning Post
30-04-2025
- Politics
- South China Morning Post
Philippine-Taiwan interaction would be seen in Beijing as independence support, analyst says
Potential Philippine interactions with Taiwan would be a 'dangerous step' that would be seen as support for Taiwanese independence and could trigger economic retaliation from Beijing, according to a Chinese academic. Advertisement China's foreign ministry summoned Jaime FlorCruz, Manila's envoy to Beijing, on Tuesday to lodge 'solemn representations over a series of negative moves recently made by the Philippines concerning Taiwan and security-related issues', the ministry said. The ministry did not elaborate but on the same day the Chinese embassy in Manila warned against remarks by Philippine Navy Rear Admiral Roy Vincent Trinidad that the Philippines and Taiwan were in talks over 'international cooperation'. In a report on TV channel TaiwanPlus News on Tuesday, Trinidad said the two navies were considering joint patrols in the Luzon Strait. 'We now have the regularisation of the cross-strait transit of warships. I believe that there will be an increase of that in the coming years. That will also be just one step away from doing joint activities, military to military,' said Trinidad, who is also the military spokesman for South China Sea issues. 01:51 Japan, Philippines push security and economic ties as Ishiba holds talks in Manila Japan, Philippines push security and economic ties as Ishiba holds talks in Manila It was the first time a Philippine senior military official had acknowledged potential military cooperation with Taiwan.
