Taiwan has added Chinese tech giants Huawei Technologies and Semiconductor Manufacturing International Corp (SMIC) to its export control list, as tensions over trade and technology continue to rise between China, the US, and the island. The move means Taiwanese firms must now seek special permits before exporting goods to either company. Taiwan’s commerce ministry confirmed the updated list on Sunday, placing the two sanctioned Chinese chipmakers alongside groups such as the Taliban and al-Qaeda, as well as other entities from Iran and China. The list, officially titled the “strategic high-tech commodities” export control list, is part of Taiwan’s regulatory framework designed to protect sensitive technologies from falling into the hands of potentially hostile actors, AP reported. Neither Huawei nor SMIC have publicly responded to the latest restrictions. Both firms are already under US sanctions and have been central to Beijing’s push for technological self-sufficiency. Despite curbs, they have forged ahead with the production of China’s most advanced domestic AI chips, aiming to rival US-based Nvidia and support Chinese tech firms amid an intensifying global chip war. Taiwan’s decision further highlights its delicate position in the global tech supply chain. The island is home to Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker and a critical supplier for Nvidia. Last November, US ordered TSMC to stop shipping certain advanced chips to Chinese clients as part of broader efforts to slow China’s access to leading-edge semiconductors.US is Taiwan’s biggest unofficial ally and arms seller. Though the island country is self-ruled, China claims Taiwan to be its own territory, which it will annex by force, if needed.
Trending
- HDB Financial IPO listing: Stock set for market debut on July 2; check GMP and other details
- Total sown area this monsoon: Kharif sowing jumps 11.3% on strong monsoon; rice and pulses lead acreage surge
- Leadership shuffle: Tata Sons ropes in consumer veterans to Tata Digital board; balances earlier finance-centric line-up
- June GST collections 2025: Tax mop-up at Rs 1.85 lakh crore, up 6.2% on YoY
- Sensex zooms 12,000 points in just 3 months! Is the Rs 72 lakh crore stock market rally sustainable? Here’s what investors should focus on
- ‘Make in India’ success: Chinese smartphone brands bet on India for manufacturing & exports; Indian phonemakers compete for assembly
- ITR filing FY 2024-25: Why filing Income Tax Return is important even if you have no tax to pay – explained
- Indian Railways launches new ‘super app’ RailOne: Book IRCTC train tickets, track PNR, food, rail enquiry in one place – what it means for passengers
- Raymond Realty listing: Shares open below discovered price; brokerages still bullish on long-term prospects
- PM Modi’s visit to Namibia: Focus likely on diamonds, critical minerals; uranium talks also on agenda