TSMC turns to US government to continue supplying Huawei after the grace period
TSMC turned to the US government because they want to continue supplying Huawei after the grace period. The Taiwanese chip manufacturer is the most advanced in the world and uses a lot of US technology, which is why it is no longer allowed to deliver to the Chinese manufacturer .
TSMC is no longer allowed to accept Huawei’s orders due to the ban, and this is also a huge loss for TSMC. There is still a grace period until September , but after that you can no longer supply processors to Huawei.
According to recent reports, TSMC recently wrote to the U.S. government that it plans to continue supplying Huawei after the grace period. A corresponding license must also be applied for here. But everyone knows that this will probably never be granted.
The U.S. Department of Commerce has granted 120 days from the announcement of the ban. However, companies have until July 14 to submit objections. After July 14, companies can only apply for corresponding trading licenses.
Huawei reportedly accounts for almost 15 percent of TSMC’s revenue. Therefore, it is still hoped that you will not lose Huawei as a customer.
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The TSMC article is aimed at the US government; Huawei plans to continue supplying after the grace period first appeared on Xiaomist .
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