September 21, 2023: On Tuesday, China’s export controls on some gallium and germanium products take effect, with traders braced for a drop in international supply in August and September while exporters sort out newly required permits.
According to customs data, it was reported that China recorded no exports of germanium products in the previous month, a significant decrease from the 8.63 metric tons exported in July. This drop in exports in July was preceded by a notable increase, more than double, compared to June, driven by heightened demand ahead of the implementation of trade restrictions amid China’s ongoing disputes with the United States and its allies over access to critical technology.
Furthermore, customs data indicated that there were also no exports of gallium products in August, in contrast to the 5.15 tons exported in July.
Both germanium and gallium are not naturally occurring elements but are derived as by-products while refining other metals.
Germanium is applied in various sectors, including solar products, fiber optics, and even military equipment like night-vision goggles. On the other hand, gallium is a crucial component in producing gallium arsenide, a chemical compound essential for radio frequency chips used in mobile phones, satellite communication, and semiconductor manufacturing.
In response to national security concerns, China’s Ministry of Commerce introduced new regulations in August, mandating exporters to obtain licenses for shipping specific gallium and germanium compounds.
These licenses require detailed information about importers, end users, and the intended purpose of these metals.
Notably, the United States initiated comprehensive regulations in October to restrict the import of critical chips and semiconductor tools to China, which has potential implications for China’s ambitions in advancing its domestic technology industries.
Additionally, the U.S. has been actively encouraging key chip-producing nations and allies, such as the Netherlands and Japan, to implement their export restrictions in alignment with its strategic objectives.
The leadership landscape is profoundly changing, influenced by technological advancements, shifting workforce expectations, and the need for adaptability in an unpredictable global environment.
In the fast-paced business world, corporate leaders often find themselves at the crossroads of risk and reward, where bold decisions …
Corporate leaders often navigate turbulent waters where failure is not just a possibility but an inevitable part of the journey …
Corporate leaders play a pivotal role in shaping organizational cultures that embrace diversity and foster inclusivity. How can these …
Corporate leaders occupy a unique vantage point in the business world, offering insights and guidance shaped by their …
Corporate leaders today stand at the nexus of unprecedented technological evolution, where digital transformation reshapes industries and redefines …
January 14, 2025: The European Union’s Digital Services Act (DSA) reshapes how B2B platforms operate across Europe.
The leadership landscape is profoundly changing, influenced by technological advancements, shifting workforce expectations, and the need for adaptability in an unpredictable global environment.
The EU Green Deal is accelerating corporate sustainability efforts across industries, prompting significant leadership and strategic priorities shifts.
Morningstar has highlighted a compelling investment opportunity within the utility sector: midcap utilities.
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you
