The United States has extended a waiver to Taiwanese semiconductor giant TSMC to supply US chip-making equipment to its factories in China, the island's economic affairs minister said Friday.
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.
But they have sparked concerns among the world's largest chipmakers about the future of their operations in China. "My understanding is that TSMC has currently received a waiver extension from the United States. Its operations in mainland China are normal," Taiwan's Economic Affairs Minister Wang Mei-hua told reporters outsideHave you recorded a funny video or filmed the moment of fame, cool dance, or something bizarre? Inbox your personal video on ourThe firm is in a so-called quiet period ahead of an earnings release next week, during which it does not comment on company matters.
The decision, which eliminates the need for a separate export approval process, means the"most significant trade issue of our semiconductor companies has been resolved", Choi Sang-mok, senior presidential secretary for economic affairs, said.
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