■ Electronics
Sony to stop making CRTs
Sony Corp plans to discontinue producing television picture tubes in Japan as early as next year, the Yomiuri Shimbun reported, without saying where it obtained the information. Sony, the world's largest maker of television sets, will shift production of cathode ray tubes (CRTs) to the US and China, the report said. Sony will then import them, while increasing production of flat-panel televisions domestically, the paper said. The company currently produces CRTs in Gifu and Aichi prefectures, and doesn't plan to close factories or fire workers when it shifts production overseas, the paper said. Sony produced about 10 million television tubes and 160,000 flat-panel televisions in the fiscal year ended in March, the paper said.
■ Automobiles
China makes BMWs
The first Chinese-made BMW cars went on sale this weekend, the official Xinhua News Agency reported, in another sign of the country's growing manufacturing sophistication and surging demand for luxury goods. The BMW 325Is, manufactured at the company's joint-venture plant in the northeastern city of Shenyang, are priced at 473,850 yuan (US$57,786), about 200,000 yuan (US$24,390) less than the imported version, Xinhua said in a report late Saturday. While that's an astronomical sum for most Chinese, who earn about US$700 annually on average, it is within the reach of many in the growing ranks of state company managers, entrepreneurs, entertainers and others who have benefited from economic reforms enacted over the past two decades.
BUILDUP: US General Dan Caine said Chinese military maneuvers are not routine exercises, but instead are ‘rehearsals for a forced unification’ with Taiwan China poses an increasingly aggressive threat to the US and deterring Beijing is the Pentagon’s top regional priority amid its rapid military buildup and invasion drills near Taiwan, US Secretary of Defense Pete Hegseth said on Tuesday. “Our pacing threat is communist China,” Hegseth told the US House of Representatives Appropriations Subcommittee on Defense during an oversight hearing with US General Dan Caine, chairman of the Joint Chiefs of Staff. “Beijing is preparing for war in the Indo-Pacific as part of its broader strategy to dominate that region and then the world,” Hegseth said, adding that if it succeeds, it could derail
CHIP WAR: The new restrictions are expected to cut off China’s access to Taiwan’s technologies, materials and equipment essential to building AI semiconductors Taiwan has blacklisted Huawei Technologies Co (華為) and Semiconductor Manufacturing International Corp (SMIC, 中芯), dealing another major blow to the two companies spearheading China’s efforts to develop cutting-edge artificial intelligence (AI) chip technologies. The Ministry of Economic Affairs’ International Trade Administration has included Huawei, SMIC and several of their subsidiaries in an update of its so-called strategic high-tech commodities entity list, the latest version on its Web site showed on Saturday. It did not publicly announce the change. Other entities on the list include organizations such as the Taliban and al-Qaeda, as well as companies in China, Iran and elsewhere. Local companies need
CRITICISM: It is generally accepted that the Straits Forum is a CCP ‘united front’ platform, and anyone attending should maintain Taiwan’s dignity, the council said The Mainland Affairs Council (MAC) yesterday said it deeply regrets that former president Ma Ying-jeou (馬英九) echoed the Chinese Communist Party’s (CCP) “one China” principle and “united front” tactics by telling the Straits Forum that Taiwanese yearn for both sides of the Taiwan Strait to move toward “peace” and “integration.” The 17th annual Straits Forum yesterday opened in Xiamen, China, and while the Chinese Nationalist Party’s (KMT) local government heads were absent for the first time in 17 years, Ma attended the forum as “former KMT chairperson” and met with Chinese People’s Political Consultative Conference Chairman Wang Huning (王滬寧). Wang
CROSS-STRAIT: The MAC said it barred the Chinese officials from attending an event, because they failed to provide guarantees that Taiwan would be treated with respect The Mainland Affairs Council (MAC) on Friday night defended its decision to bar Chinese officials and tourism representatives from attending a tourism event in Taipei next month, citing the unsafe conditions for Taiwanese in China. The Taipei International Summer Travel Expo, organized by the Taiwan Tourism Exchange Association, is to run from July 18 to 21. China’s Taiwan Affairs Office spokeswoman Zhu Fenglian (朱鳳蓮) on Friday said that representatives from China’s travel industry were excluded from the expo. The Democratic Progressive Party government is obstructing cross-strait tourism exchange in a vain attempt to ignore the mainstream support for peaceful development
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