Due to a possible violation of the American embargo for technology exports to China, the Taiwanian Chip-Mandate TSMC threatens a fine of a billion dollars or more. The US Department of Trade is investigating a chip that would have appeared in an AI processor of the Chinese technology group Huawei.
This said several people who are familiar with the issue on Tuesday of the Reuters news agency. The ministry did not want to comment on this subject. TSMC emphasized that to meet laws.
The largest chiporder in the world from Taiwan had shown the possible circumvention of the US export restrictions last fall. He had delivered a semiconductor to the Chinese company Sophos, which apparently passed it on to Huawei. Because the chips in question are partly based on American technology, the US government can forbid exports to certain customers.
According to the industrial expert Lennart Heim from the Rand Technology and Security and Policy Center, TSMC has produced a total of around three million of the chips in question in recent years. Because of the risk of passing on to sanctioned companies, the contractor should not have delivered the products to Chinese customers.
Large investments in the United States
The case overshadows the economic relationships between Taiwan and the US. The two states want to negotiate them again after US President Donald Trump had entered the imports of the island republic last week with rates of 32 percent. Computer chips have been excluded so far, but Trump has not taken out taxes on these products.
US government also repeatedly emphasized that they want to take it more difficult against violations of the exported Bargo. However, it remained unclear whether TSMC can make a comparison in the United States because of its billions of billions.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
