Taiwanese semiconductor giant TSMC said Friday it has applied for -- and expects to receive -- permanent authorisation from Washington to allow the export of US chip-making equipment to its China-based factory.
Taiwan Semiconductor Manufacturing Company, the world's largest contract producer of computer chips, was among the firms that received waivers last year when Washington imposed sweeping export restrictions to prevent China from getting advanced semiconductor technology.
After South Korea announced Monday its chip giants had received the US green light to send equipment to China, attention turned to the Taiwanese firm. This"would serve as a permanent authorization", TSMC said, adding that they have not had to apply for it in the past.If TSMC's factory in Nanjing is designated as a"verified end user", it would eliminate the need for a separate export approval process.
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