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Taiwan says its chip companies will adhere to new U.S. guidelines blacklisting China supercomputing entities By Reuters 


© Reuters. FILE PHOTO: Flags of Taiwan and U.S. are positioned for a gathering in Taipei


TAIPEI (Reuters) – Taiwan mentioned on Wednesday its chip firms will adhere to U.S. guidelines after Washington added seven Chinese language supercomputing entities final week to an financial blacklist and after a Taipei-based chipmaker halted orders from one of many entities named.

The U.S. Commerce Division mentioned the seven Chinese language entities have been “concerned with constructing supercomputers utilized by China’s army actors, its destabilizing army modernisation efforts, and/or weapons of mass destruction applications.”

Corporations or others listed on the U.S. Entity Checklist are required to use for licenses from the Commerce Division that face robust scrutiny once they search permission to obtain gadgets from U.S. suppliers.

Tech-powerhouse Taiwan’s companies are main suppliers of semiconductors globally, and Economic system Minister Wang Mei-hua mentioned they’d observe Taiwanese and U.S. guidelines.

“Our firms, whether or not producers or exporters, should accord with our nation’s guidelines. After all america has new guidelines, and our firms pays consideration and accord with the important thing standards of the U.S. guidelines,” she advised reporters.

The U.S. transfer got here amid its rising tensions with China over Taiwan. China has by no means renounced the usage of power to convey the democratically dominated island below its management.

It additionally got here amid a worldwide scarcity of semiconductors that has thrust Taiwan centre-stage into the know-how supply-chain.

On Tuesday, Taiwan’s Alchip Applied sciences Ltd mentioned it had stopped manufacturing for all merchandise associated to Tianjin Phytium Data Expertise, which is on the brand new U.S. listing.

Alchip, which mentioned 39% of its income final 12 months got here from Phytium, added that it was accumulating “detailed paperwork for our U.S. counsel to find out if the merchandise are topic to EAR (Export Administration Laws)”.

A U.S. Bureau of Business and Safety “allow shall be obtained for Phytium’s merchandise if obligatory”, it added.

Its shares tumbled 9.9% on Wednesday, bringing losses to greater than a 3rd of their worth because the Commerce Division’s announcement final week.

Individually, Hong Kong’s South China Morning Publish reported that Taiwan Semiconductor Manufacturing Firm Co Ltd (TSMC), the world’s largest contract chipmaker, has suspended new orders from Phytium.

TSMC mentioned it couldn’t affirm the report, and declined additional remark.

TSMC shares have been down 0.5% on Wednesday, outperforming a 1.1% fall within the broader Taiwanese inventory market.

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