The Taiwan Semiconductor Manufacturing Company (TSMC) has officially halted new chip orders from Huawei after the US introduced tighter export rules for suppliers that make use of American technology to manufacture hardware or license software for Chinese companies.
The move is a hard blow for Huawei, who depends on TSMC to make most of the chips designed by its HiSilicon subsidiary and are essential for its devices. Huawei chairman Guo Ping admitted in a press statement that he expects the company’s business will “inevitably be impacted,” and noted that by attacking a “leading company from another country,” the US acted against the interests of Huawei’s customers and several global industries.
