TSMC Receives Waiver Extension to Supply U.S. Chip Equipment to China Factories
Taiwanese Chipmaker TSMC Granted Waiver Extension by the United States
Taiwanese chipmaker TSMC has received a waiver extension from the United States, allowing them to supply U.S. chip equipment to their factories in China, according to Taiwan Economy Minister Wang Mei-hua. This extension comes as a result of last year’s export controls implemented by the Biden administration, aimed at cutting off China’s access to certain semiconductor chips manufactured with U.S. tools. The waiver extension signifies a significant step in slowing Beijing’s technological and military advancements.
South Korean Chipmakers Also Allowed to Supply U.S. Chip Equipment to China Factories
In addition to TSMC, South Korea’s government has announced that Samsung Electronics and SK Hynix will indefinitely be permitted to supply U.S. chip equipment to their China factories without requiring separate U.S. approvals. This move further establishes the global chip industry’s ability to operate and supply essential equipment to China’s factories.
TSMC’s One-Year Authorization and Waiver Extension
TSMC, the world’s largest contract chipmaker, had previously obtained a one-year authorization from the United States, allowing them to operate their Nanjing factory in China and produce 28 nanometer chips. Wang Mei-hua shared that TSMC’s waiver extension has been renewed, but she did not provide specific details regarding the extension.
TSMC’s Response and Quiet Period
Although Wang Mei-hua referred further inquiries to TSMC, the company has not yet responded to requests for comment. Currently, TSMC is in its quiet period before announcing its third-quarter earnings next Thursday.
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