Taiwan Semiconductor Manufacturing Co Ltd, which unveiled a $12 billion investment plan in Arizona on Friday, has not been given any assurances that it will be granted a license to allow it to sell U.S. technology to China's Huawei, a senior U.S. official said.
FILE PHOTO: A logo of Taiwan Semiconductor Manufacturing Co is seen at its headquarters in Hsinchu, Taiwan August 31, 2018. REUTERS/Tyrone Siu/File Photo
TSMC, the world’s biggest contract chipmaker, announced its plans on Friday just hours before the Trump administration outlined a proposal to amend tech export rules that could restrict TSMC’s sales to Huawei, which is blacklisted by the United States because it is considered a national security threat.
“There’s no assurance whatsoever on that,” Keith Krach, the U.S. undersecretary for economic growth, energy and the environment, told reporters in a call, when asked if TSMC was assured about a license. Earlier, TSMC said it was working with outside counsel to interpret the rules in good time and maintain long-term collaborations with equipment partners around the world.
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