Taiwan places export controls on Huawei and SMIC

Chinese language firms Huawei and SMIC could have a troublesome time accessing assets wanted to construct AI chips, as a result of Taiwanese export controls.

Bloomberg reviews that Taiwan’s Worldwide Commerce Administration placed the two companies and their subsidiaries on an updated list of entities designated as strategic high-tech commodities. Which means Taiwanese companies will want authorities approval earlier than they’ll ship something to both firm.

In consequence, Huawei and SMIC will lose entry to Taiwan’s plant development applied sciences, supplies, and tools, doubtlessly 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 mentioned in an announcement.