Jinping Xi

Italy Makes Cybersecurity Demands in Talks on Chinese Auto Plant

Italy Makes Cybersecurity Demands in Talks on Chinese Auto Plant

Italy is demanding Dongfeng Motor Group Co. agree to safeguards on cybersecurity and data protection as the price of support for a new plant by the Chinese automaker, according to people familiar with the matter.As talks advance with Dongfeng, Prime Minister Giorgia Meloni’s government is requiring components such as infotainment units be provided by local suppliers for security reasons, the people said, asking not to be identified discussing confidential negotiations. Italian officials also want consumer data to be collected and managed within the country, they said. Source link lol
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China’s SMIC Accelerates Capacity Buildout as Chip War Evolves

China’s SMIC Accelerates Capacity Buildout as Chip War Evolves

Semiconductor Manufacturing International Corp. is expediting its plans to build more capacity as a US-led multinational campaign is putting more restrictions on China’s access to advanced foreign technologies. “Some of our customers have won new opportunities due to geopolitics-induced changes in the supply chain,” SMIC Co-Chief Executive Officer Zhao Haijun told analysts during a post-earnings call on Friday. “We are growing capacity at a speed faster than originally planned.” Source link lol
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