Apple Supplier TSMC warns that Trade Tensions could disrupt Supply of key Chip Equipment
Taiwan Semiconductor Manufacturing Co., the world’s largest contract chipmaker, warned for the first time that trade tensions may disrupt its access to key production equipment and hit its operations, amid increasing friction between the U.S. and China.
The Bloomberg report noted that The company, which produces semiconductors for Apple Inc. and other major global tech companies, said in its annual report released on Friday that ongoing trade tensions or protectionist measures could result in increased prices for, or even unavailability of, key equipment. It pointed to factors such as delays or denials of export licenses, additional export control measures, and other tariff or non-tariff barriers. Below is the full statement from TSMC s U.S. SEC Form 20-F filing on this point:
US Blacklists Seven Chinese Supercomputer Organisations
The US Department of Commerce’s Bureau of Industry and Security (BIS) has added seven Chinese supercomputing organisations to the Entity List which bars them from conducting activities with US companies without first obtaining a US government license.
These are organisations considered to be contrary to the national security or foreign policy interests of the United States.
The companies added to the list are involved either with building supercomputers used by China’s military actors, its military modernisation efforts or weapons of mass destruction.
US officials have long complained that Chinese companies are under the direction of the People’s Republic of China and collect sensitive information on behalf of the People’s Liberation Army. It is the first move by the Biden administration to make it harder for China to obtain US technology. “Supercomputing capabilities are vital for the development of
Commerce Department adds seven Chinese supercomputing firms to its Entity List
SHARE
The U.S. Department of Commerce’s Bureau of Industry and Security today added seven Chinese supercomputing entities to its Entity List for conducting activities that are contrary to national security and foreign policy interests.
The entities added to the list, which prevents them from obtaining advanced technologies developed in the U.S. without special permission, are Tianjin Phytium Information Technology Co. Ltd., Shanghai High-Performance Integrated Circuit Design Center, Shenzen Sunway Micro-electronics Co. Ltd., the National Supercomputing Center Jinan, the National Supercomputing Center Shenzhen, the National Supercomputing Center Wuxi and the National Supercomputing Center Zhengzhou.