Taiwan Signals its Chip Firms Will Follow New U.S. Rules on China

FOPNW2T4YJIOVJGHQ5BHJCWJZM (1)

TAIPEI, Oct 8 (Reuters) – Taiwanese semiconductor companies attach “great importance” to complying with the law, the island’s government said on Saturday, signalling they would comply with new U.S. export controls that aim to hobble China’s chip industry.

The rules announced Friday by President Joe Biden’s administration include a measure to cut China off from certain chips made anywhere in the world with U.S. equipment, vastly expanding its reach in its bid to slow Beijing’s technological and military advances.

More News & Insights

Screenshot 2024 02 26 At 12.58.14

US vetoes UN resolution calling for immediate ceasefire in Gaza after proposing a temporary halt in fighting

The United States has vetoed a resolution at the United Nations calling for an immediate ceasefire in Gaza, an anticipated move that, while supportive of Israel, comes amid signs of American…

Screenshot 2024 02 26 At 12.56.14

U.S. charges yakuza leader with trying to sell nuclear material to Iran

A Japanese yakuza boss sought to sell nuclear material to an undercover U.S. law enforcement agent who was posing as an associate of an Iranian general, U.S. prosecutors said Wednesday. It was…

Screenshot 2024 02 26 At 12.53.49

Kyiv has right to strike Russian targets ‘outside Ukraine’, says Nato chief

Ukraine has the right to strike “Russian military targets outside Ukraine” in line with international law, the Nato secretary-general has said for the first time since the start of the…

Receive BENS news and insights in your inbox.