Taiwan Restricts Exports to Huawei, SMIC Over National Security
Summary
Taiwan imposes export restrictions on Huawei and SMIC, Chinese tech giants, over national security concerns, while local firms report minimal impact after distancing from the companies due to existing U.S. sanctions.
Key Points
- Taiwan adds Huawei and SMIC to export control list citing national security concerns
- Local Taiwanese tech firms see little impact after distancing themselves from Huawei and SMIC
- Huawei and SMIC have long been barred from accessing advanced chip technology due to U.S. restrictions