Summary
The U.S. has revoked TSMC's permission to export advanced technology to China, which could affect the company's operations there. This move is part of a broader effort by the U.S. to control the flow of advanced technology to China.
Key Facts
- The U.S. revoked TSMC's license to ship advanced technology to China.
- TSMC's manufacturing in China involves older-generation devices.
- The U.S. made similar restrictions for Samsung and SK Hynix.
- TSMC plans to discuss the situation with the U.S. government.
- The U.S. aims to protect its economy by restricting technology exports to China.
- These restrictions could delay and complicate technology shipments.
- TSMC's Chinese facility in Nanjing produces a small portion of its total revenue.
- Chinese customers might need to use local technology alternatives.
