TSMC stops taking orders from Huawei following new US export guidelines | Report

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Last week, the US introduced the extension of the commerce ban on Huawei for one more yr. And, in one in all its penalties, the US additionally blocked shipments to Huawei from some international chipmakers, together with TSMC.

Now, a report from Nikkei Asian Review presents the knowledge that Taiwanese Semiconductor Manufacturing Co. (TSMC) has stopped taking new orders from Huawei Technologies. The report claims the choice was made to adjust to new United States export guidelines that have been introduced final week following the extension interval announcement. So, any longer, Huawei won’t be able to acquire chips produced utilizing US know-how, together with manufacturing gear.

It must be famous that the orders taken earlier than the ban or already in manufacturing usually are not affected, if they will ship earlier than September 14.

Huawei is TSMC’s second-biggest buyer from Apple and it makes use of many superior chips constructed by the semi-conductor firm. The new rule will influence Huawei lots in its smartphone enterprise.

President Donald Trump introduced the extension of the ban on US firms from utilizing or shopping for telecoms gear from Chinese producers – Huawei and ZTE. But, Huawei believes that the US has particularly focused it solely.

Huawei has reportedly hit again on the US following commerce extension ban. Huawei rotating chairman Guo Ping issued a confrontational message throughout the Huawei’s Global Analyst Summit and likewise warned that such restriction will have an effect on Huawei’s enterprise. Ping mentioned Huawei has been “specifically targeted” by the US.

He additionally mentioned,

In spite of that, the challenges over the previous yr have helped us develop a thicker pores and skin, we’re assured about discovering options quickly.

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