Lithuania: China softens stance toward companies

China’s stance towards Lithuanian companies has been softening for some time now, Vidmantas Janulevicius, president of the Lithuanian Confederation of Industrialists (LPK), has said. “There has been lately a certain softening toward the export of Lithuanian goods to China,” Janulevicius said. According to him, talks have started about resuming exports of Lithuanian goods to China.…

Ukraine: United States providing $125 million to help restore energy system

The United States will allocate $125 million to procure electrical parts and other supplies needed for the restoration of Ukraine’s energy system. The relevant statement was made by AP, referring to U.S. Agency for International Development (USAID) administrator Samantha Power. “The Biden administration is providing $125 million for electrical parts and other supplies to help…

Lithuania: deal on semiconductor technology sharing signed with Taiwan

On January 18, Lithuanian IoT company Teltonika IoT Group and Taiwan’s Industrial Technology Research Institute signed a deal, worth 14 million euros, to share semiconductor chip technology. Under the agreement, Teltonika will acquire the right to use the licences for semiconductor chip manufacturing technologies and devices developed by the Taiwanese institute. Taiwan’s Foreign Ministry will…