Taiwan places export controls on Huawei and SMIC
In Brief Chinese companies Huawei and SMIC may have a difficult time accessing resources needed to build AI chips, due to Taiwanese export controls. Bloomberg reports that Taiwan’s International Trade Administration placed the two companies and their subsidiaries on an updated list of entities designated as strategic high-tech commodities. That means Taiwanese businesses will need government approval before they can ship anything to either company. As a result, Huawei and SMIC will lose acces