RUTHFULLY YOURS

https://asiatimes.com/2020/09/us-chip-industry-wont-survive-tech-war-chinese-exper

Wars happen because the opposing sides have different views of the likely outcome. In the Sino-American tech war, though, both Chinese and American tech company executives argued that America’s semiconductor giants would be the losers. The outlier is the Trump Administration, which appears to believe that it can beat China in a tech war.

Commenting on reports that the Trump Administration is weighing sanctions against Semiconductor Manufacturing International Corp (SMIC), China’s largest chip fabricator, an official at a big Chinese tech company said, “The scenario at the moment is that it’s just a matter of time before [the American chipmakers] don’t survive.” China will retaliate by putting massive resources behind a campaign to displace American chip designers, chip software developers, and chip equipment manufacturers, and drive them out of the market, the Chinese executive said.

Companies at risk include designers like Qualcomm and Nvidia, chip software developers like Cadence and Synopsis, and equipment makers like Applied Materials, Lam Research and KLA-Tencor. The Philadelphia Semiconductor Index lost 5.7%, or $100 billion of market capitalization, on Sept. 4 following news reports that China was about to launch a massive program to develop so-called third-generation semiconductors as part of a $1.4 trillion, five-year subsidy plan for tech industries.

An American bill to provide $25 billion in support for the semiconductor industry during the next five years circulated last June but appears lost in the shuffle of negotiations over economic stimulus.

https://www.thenational.ae/opinion/comment/the-uae-israel-accord-is-a-win-for-every-muslim-1.1072408

For almost twenty years, Muslims across the world have been on the defensive. Muslim identity has been largely under attack. The terrorist incidents of September 11, 2001 on New York and Washington DC cast – in many a popular imagination – every Muslim as suspect in some way. In almost every continent, a dark cloud hung over us. The security checks at airports are only a manifestation of that deep distrust.

Osama bin Laden and a range of extremist organisations hijacked the Palestinian cause: they created nothing but more loss, terrorism and humiliation for the noble Palestinian people. Now, with the visionary accord between the UAE and Israel, three new horizons open: reinstating Muslim dignity, reviving a two-state solution opportunity and creating regional economic prosperity.

I am a British Muslim. In my teens, I helped raise money in London for Hamas. My peers and I believed suicide bombers were martyrs heading for paradise. We were wrong.

The Greek philosopher, Heraclitus, 2,500 years ago taught that there is only one constant in life: change. Life flows ever onwards. After 9/11, I recognised the blunder of my beliefs. I changed. In my twenties, I lived in Damascus next to a Palestinian refugee camp in Syria. In my thirties, I lived in New York and Washington where I advised the US government. I saw the suspicion of Muslims in the eyes of American officials. It always boiled down to something unspoken: show us peace in Islam; stop talking about it.

And that is exactly what the Abraham Accord is doing: showing peace between peoples, not only preaching it. The accord represents an important opportunity to further reject “Islamophobic” accusations of terrorism and anti-Semitism. We can say: “We believe in one God. Peace is possible. A new way of co-existence is achievable. We are not pawns for the mullahs of Iran or the Muslim Brotherhood. Look at the UAE.”