Taiwan places export controls on Huawei and SMIC

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Chinese language firms Huawei and SMIC might have a tough time accessing assets wanted to construct AI chips, on account of Taiwanese export controls.

Bloomberg reviews that Taiwan’s Worldwide Commerce Administration positioned the 2 firms and their subsidiaries on an up to date checklist of entities designated as strategic high-tech commodities. Which means Taiwanese companies will want authorities approval earlier than they will ship something to both firm.

Consequently, Huawei and SMIC will lose entry to Taiwan’s plant building applied sciences, supplies, and tools, probably setting again China’s efforts to develop new AI semiconductors, Bloomberg says.

“On June 10, we added some 601 entities from Russia, Pakistan, Iran, Myanmar and mainland China together with Huawei and SMIC to the entity checklist to fight arms proliferation and deal with different nationwide safety considerations,” the commerce administration stated in a press release.

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